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DeluxeXL t1_j2erkyb wrote

You have until 12/31 of the calendar year you perform Roth conversions to empty out your traditional IRA.

You can roll over, contribute, and convert in any order, as long as you don't mix up pretax and aftertax balances in the same account.

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echo-engee OP t1_j2erw69 wrote

ah, thank you. so it is the year of the conversion, not the previous year, meaning that I should be good to perform a backdoor Roth conversion in 2023 (assuming I have $0 in a traditional IRA on 12/31/2023)?

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DeluxeXL t1_j2eryk3 wrote

Yes. Conversion is strictly calendar year based.

Contribution on the other hand, can be made until Tax Day.

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