hi,

i read the following statement in an article on roth IRA conversions. is it true that all of these items can help offset conversion income?

[i]Charitable contribution carryovers and net business operating losses may reduce conversion tax liabilities by offsetting ordinary income. Investment losses can too, but only up to $3,000 ($6,000 if you break up the taxes over 2011 and 2012).[/i]

thanks,
chad