https://ttlc.intuit.com/community/taxes/discussion/re-roth-conversion/01/3399539#M1253133 <P><SPAN>No, there is no limit to how much you can convert to a Roth IRA from a traditional retirement account. The standard deduction for MFJ is 29,200 if under age 65 so any amount less than that would not be taxed.&nbsp;</SPAN></P> Wed, 30 Oct 2024 19:02:32 GMT Bsch4477 2024-10-30T19:02:32Z https://ttlc.intuit.com/community/taxes/discussion/roth-conversion/01/3399522#M1253132 <P>We (Married filing jointly) have no income in 2024 (only lived off of savings) and was the same in 2023. We are interested in converting some IRA money to Roth IRA, can you answer the following:</P><P>1. How much can we convert for one tax year?</P><P>2. What is the minimal conversion amount that triggers a taxable event? We would like to limit the tax impact as much as possible?<BR /><BR /></P> Wed, 30 Oct 2024 18:55:51 GMT https://ttlc.intuit.com/community/taxes/discussion/roth-conversion/01/3399522#M1253132 Fernando10 2024-10-30T18:55:51Z https://ttlc.intuit.com/community/taxes/discussion/re-roth-conversion/01/3399539#M1253133 <P><SPAN>No, there is no limit to how much you can convert to a Roth IRA from a traditional retirement account. The standard deduction for MFJ is 29,200 if under age 65 so any amount less than that would not be taxed.&nbsp;</SPAN></P> Wed, 30 Oct 2024 19:02:32 GMT https://ttlc.intuit.com/community/taxes/discussion/re-roth-conversion/01/3399539#M1253133 Bsch4477 2024-10-30T19:02:32Z