Teri and others:
Thank you for your guidance.
Two questions on timing of the conversion of Traditional IRA to ROTH IRA :
1. The full amount of the conversion is counted as income? If I convert $25,000 , all of that is considered taxable income?
2. The timing of the conversion and the amount can wait till April 15, 2024 so that I can convert the exact amount required required to enable me to secure the EV refunds?
Thank you !
