@dmertz
Completely agree with your assessment. Traditional IRA to Roth conversions are not bound by the once per year limitation.
However, in my case, I am performing the IRA to Roth (not bound by the 12-month rule) and then, I'm performing a cash to Roth 60-day rollover (bound by the 12-month limitation).
My rationale:
1) I want to perform the IRA to Roth and have withholding to avoid any penalties.
2) The withholding reduces the amount that lands in the Roth so...
3) I'll add cash to the Roth to make up the difference (treated as a 60-day, once in 12-month rollover).
4) I'll avoid the form 2210 AI that many people seem to shy away from. I may use the 2210 next year but I'll have a whole year to get smarter on that.
Many thanks for your input. Appreciate the knowledge from all the people in this community.
