topic Traditional IRA to Roth Conversion in Retirement tax questions

Traditional IRA to Roth Conversion

mitch-rhodes — Tue, 24 Feb 2026 08:18:43 GMT

My situation seems simple but Turbotax doesn't seem to walk me through it in a way that makes sense to me.

I am retired, have no W2 income and want to look at the tax implications/Brackets to determine what I can convert from traditional to Roth but from what I've been able to research this effort is commingled with contributions.

I receive $32k in SSA, and budgeted an ordinary distribution from my Traditional Ira of $33k but when I increase the $33k to $53k TurboTax increased my tax liability by about $7,300 which doesn’t make sense. Especially since I’m looking at the SSA tax Calculation, spreadsheet, and formulas that they provide showing that I am still in the 12% tax bracket?

Is there a straightforward road map that I can follow to achieve a conversion and look at the tax consequences?

I very much look forward to your insight

Thanks

Re: Traditional IRA to Roth Conversion

Anonymous_ — Sat, 21 Dec 2024 21:11:01 GMT

Re: Traditional IRA to Roth Conversion

dmertz — Fri, 22 Dec 2023 01:49:59 GMT

The increase shown by TurboTax is almost certainly accurate. You are likely experiencing side effects of the increase in your AGI. A major one is the multiplying effect on your tax-bracket rate due to more of your Social Security income becoming taxable. It's also possible that there is a reduction in some kind of tax credit. To discover the exact cause you'll need to compare your entire Form 1040 with and without the additional $20k of income.