BlD
New Member

Roth Conversion without Contribution

Quick question for the experts out there.

I performed an IRA to Roth IRA conversion of value X.

The Wife and I did not contribute to my Roth this year. Currently my AGI is well below the Roth contribution limit with value X included.

 

Is there some way to capitalize on the fact that I have not contributed? Any way to reduce the pain of the conversion or save money on the taxation? I don't think there's anything I can capitalize on, but, I figured I would ask because I haven't thought of anything.