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Does Roth IRA Conversion impact Modified AGI??
Does the amount converted from a traditional IRA to a Roth IRA impact the "Modified" AGI? Financial experts have revealed that it may or may not impact the Modified AGI. Which financial expert is accurate?
It is clear the impact to AGI and the tax implication, but unclear if it bumps me out of making additional roth IRA contribution which may cause an excess in contributions. Please help.
‎February 20, 2024
12:47 PM