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Other financial discussions
I am trying to revive this thread from the dead, as I find myself in a similar situation. I filed 2020 taxes and had a traditional to roth conversion that put our family over the AGI limit (just barely-we were well below prior to the conversion being added). I do not mind paying appropriate taxes on the conversion and all of that process, but I do not see how it is fair that something that has been in my traditional IRA for years and just happened to be converted this year should count as "income" when dispersing the stimulus. I still can not touch this money and as such, it was in no way additional or any support to our family this year as income. I just moved it over and happily paid the taxes on it. Is there a way to still qualify for the stimulus or did the timing of this mess us up? Looking for any options and insight. I appreciate it!