topic Re: Roth conversion and safe harbor rules in Get your taxes done using TurboTax

Roth conversion and safe harbor rules

mmueller1960 — Tue, 24 Feb 2026 08:29:12 GMT

If I make a Roth conversion in 2023 and have had more than 110% of my 2022 tax liability withheld from my pay checks in 2023, am I safely covered by the safe harbor rules, or is there still the possibility for a penalty? I am a salaried employee only, and do not make any other estimated tax payments.

Re: Roth conversion and safe harbor rules

Critter-3 — Mon, 04 Dec 2023 22:52:44 GMT

The use of the safe harbor rule will save you from an underpayment penalty that is what it is designed to do even if you owe taxes on the filed tax return.

Re: Roth conversion and safe harbor rules

dmertz — Tue, 05 Dec 2023 01:31:57 GMT

"If I make a Roth conversion in 2023 and have had more than 110% of my 2022 tax liability withheld from my pay checks in 2023, am I safely covered by the safe harbor rules,"

Yes.