Thank you so much Dmertz, I really appreciate your time and advice. And thanks for clarifying that I am filing my 2024 tax return and not my 2025 tax return now. Silly mistake on my apart. My apologies. And thanks for making it clear that filing an extension is not going to be of any help.
And thanks also for clarifying that it is best to convert everything from trad (incl earnings) to Roth. One question comes up in this regard. I remember speaking to one of the advisors from the broker in the past, and he said I should only convert 7K and leave the earnings in the traditional account. I understood it then as only 7K is the limit allowed that I should convert to Roth. Have I been misguided or maybe I did not understand his advice properly?' Based on that, (again in the past) I converted quickly (as we all should when going that route), and a small amount remains on my traditional IRA account, which I declare on Turbotax.
Thanks again for your help.
