Conversions from a Traditional IRA to a Roth

[jalex2]

Can I transfer stock directly from my Traditional lRA to my Roth or does it have to be sold first to transfer cash instead?

[dmertz]

Roth conversions can indeed be done "in-kind."  The gross amount converted is the value of the shares at the time of the distribution from the traditional IRA.  IRA custodians will usually have a way to specify that you wan the conversion to be done in-kind.