mlondergan
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OK thanks. So if I'm converting in 2025 I think I should use the 12/31/24 balances to determine percentage that is taxable. If all of my IRA's are valued at $20...
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Thanks but the amount in my traditional IRA’s will be lower by the amount I move to Roth this month. Is that right?
Activity Feed for mlondergan
- Posted Re: I’m converting to Roth with some non-deductible contributions in 2025. Pro-rata rule should I use 12/31/24 balances or 12/31/25? on Retirement tax questions. March 15, 2025 5:24 AM
- Posted Re: I’m converting to Roth with some non-deductible contributions in 2025. Pro-rata rule should I use 12/31/24 balances or 12/31/25? on Retirement tax questions. March 14, 2025 6:08 PM
- Posted I’m converting to Roth with some non-deductible contributions in 2025. Pro-rata rule should I use 12/31/24 balances or 12/31/25 ? on Retirement tax questions. March 14, 2025 2:16 PM