Reply To: Roth Conversion Maximum Tax Free Amount

Home Fairmark Forum Retirement Savings and Benefits Roth Conversion Maximum Tax Free Amount Reply To: Roth Conversion Maximum Tax Free Amount

#7285
Lewis-H
Participant

Converting a $100,000 traditional IRA into a Roth account in 2019 would cause about half of the extra income from the conversion to be taxed at 32%. But if you spread the $100,000 conversion 50/50 over 2019 and 2020 (which you are allowed to do), all the extra income from converting would be probably taxed at 24%.