Personal Investments • Using withholding on Roth conversion instead of estimated tax payment

See footnote 2 of the IRS rollover chart which seems to say it applies to rollovers from traditional to Roth.

When I look at tIRA to Roth I only see footnote 3?

Looking again, you're right. I must have looked at the wrong column.

Application of one-rollover-per-year limitation.
You can make only one rollover from an IRA to another (or the same) IRA in any 1-year period regardless of the number of IRAs you own.
The limit will apply by aggregating all of an individual's IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth IRAs,
effectively treating them as one IRA for purposes of the limit. However, trustee-to-trustee transfers between IRAs aren’t limited
and rollovers from traditional IRAs to Roth IRAs (conversions) aren’t limited.

Statistics: Posted by VanGar+Goyle — Thu Feb 22, 2024 3:39 pm — Replies 28 — Views 842