Roth Conversions
A person takes 2 distributions from his Traditional IRA in the last 60 days. They put one back in the Traditional IRA and convert the other over to a Roth. Are they allowed to convert any more money over to the Roth? is there a limit to how many Roth conversions they can do in a calendar year?
Permalink Submitted by David Mertz on Mon, 2020-04-13 16:17
There is no limit on the number of Roth conversions one can do in a particular year. The concern is the amount added to taxable income for the year.