Before going further, let's understand what (i.e., line items on federal Form 1040 and CA 540 and related Schedules) will change to cause the $3,800 effect. Do you know what those are?Our tax preparer has suggested that if we convert these Roths to Traditional IRAs (for 2024, assuming we still can), then we would see about a +$3,800 effect on our 2024 return.
Statistics: Posted by FiveK — Sun Mar 02, 2025 2:19 am — Replies 3 — Views 457