Personal Finance (Not Investing) • Is a Reverse Rollover and Roth Conversion the Best Strategy for My IRA

...making the taxes on the 2nd conversion very small?

Yes. One might even say "minimal".

Given sufficient decimal places for the division result, the taxable amount should be exactly the "small dividends + interest", but if rounded to only 3 decimal places the taxable amount may be slightly different. In either case the tax itself would be small, perhaps even $0.

Statistics: Posted by FiveK — Mon Aug 12, 2024 6:51 pm — Replies 10 — Views 796

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