@Critter wrote:
If this is a 401K conversion to a ROTH then you should have NOTHING withheld...instead you should pay in from withholding some other place OR make an estimated payment.
If you have withholding from the conversion not all will be sent to the ROTH & the portion withheld will become a taxable distribution. Not the best choice.
True, but whatever the source of the money to pay the tax it will be from after-tax money that you already paid tax on.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
