ROTH conversion for an S Corp NOL?
I have a client with NOL carry forwards from passive real estate investing with an S Corp. Can he do a Roth conversion and offset the tax due with the losses? Thanks for your input!
I have a client with NOL carry forwards from passive real estate investing with an S Corp. Can he do a Roth conversion and offset the tax due with the losses? Thanks for your input!
Permalink Submitted by Alan - IRA critic on Tue, 2017-10-24 04:46
Yes, this can be done.
Permalink Submitted by Mark Sessa on Sat, 2017-11-04 21:26
Thanks