IRA conversion to Roth time line
Have client who wants to convert a portion of his IRA to Roth IRA as he did not make that much money this year due to injury.
- does he have to convert the amount prior to Dec. 31, 2024?
- or can he convert for 2024 up to April 15th, 2025 when tax returns are going to be prepared?
Thank you,
Douglas
Permalink Submitted by Douglas Bauerband on Tue, 2024-12-10 16:34
Thank you very much!!!