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Roth conversion
I am disabled age 50. Most of my income is SSDI. Want to use TTax 2023 to estimate taxes due for a 2024 conversion of part or all of my standard IRA to a Roth. Confused by what to enter on a mock 1099R: Distribution code? Section B questions?
Of course (as many newspaper articles are suggesting these days), my goal is to pay the taxes now when my income is low and not a few years later when tax rates will likely be higher.
‎September 9, 2024
4:50 PM