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I want to use the whatif feature to determine the amount for conversion from Traditional to Roth IRA. What line do I enter it on?
I use TT Premier. I'll repeat this exercise when the 2017 edition comes out, but I want to get a ballpark now. My purpose is to bring my tax liability up to $7500 to be able to take the Federal ITC for a plug-in vehicle.
This is not about reconversion or backdoor conversion.
what-if doesn't have 1040 line 15a, which I think is where it belongs. Can I just test the conversion amount as ordinary income?
Thanks in advance.
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‎June 4, 2019
11:08 PM