Taxes on Roth IRA conversion Submitted by Malcolm Britton on Thu, 2011-05-12 13:37 What would be the tax on converting a traditional IRA to a Roth? Flag as spam
Permalink Submitted by tomd37 on Thu, 2011-05-12 16:11
The amount converted is considered a distribution and would become part of your income for the year converted. It would be taxed at your marginal tax rate, whatever that may be.
Tom D.