Thanks for your reply and help. I had 15% federal taxes withheld at the time of the traditional IRA conversion to my Roth in May of 2024. The amount of the conversion was about $33,722 and the federal withholding was $5058.
I also paid $1000 Estimated payments in April and in $1000 in June.
? So I don’t understand the penalty of 6% on the Roth conversion amount of about $26,000.
Thank You!
