Is there a limit on how much I can convert from a Traditional IRA to a ROTH IRA in a tax year? Can I make an IRA contribution in the same tax year as I convert funds?

rawhigham · ‎April 24, 2020

Bsch4477 · ‎April 24, 2020

There’s no limit to the amount of the conversion but remember that you have to pay tax on that amount. Yes, the conversion does not count against your IRA contribution limit.

macuser_22 · ‎April 24, 2020

No limit. You can convert the entire IRA if you want to.

Yes, the amount converted does not change the IRA contribution limits.

**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.**

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Is there a limit on how much I can convert from a Traditional IRA to a ROTH IRA in a tax year? Can I make an IRA contribution in the same tax year as I convert funds?

Is there a limit on how much I can convert from a Traditional IRA to a ROTH IRA in a tax year? Can I make an IRA contribution in the same tax year as I convert funds?

Is there a limit on how much I can convert from a Traditional IRA to a ROTH IRA in a tax year? Can I make an IRA contribution in the same tax year as I convert funds?

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Is there a limit on how much I can convert from a Traditional IRA to a ROTH IRA in a tax year? Can I make an IRA contribution in the same tax year as I convert funds?

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Is there a limit on how much I can convert from a Traditional IRA to a ROTH IRA in a tax year? Can I make an IRA contribution in the same tax year as I convert funds?

Is there a limit on how much I can convert from a Traditional IRA to a ROTH IRA in a tax year? Can I make an IRA contribution in the same tax year as I convert funds?

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