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When to Pay Tax on Roth Conversions? I YMYW Podcast

Your Money, Your Wealth 10 views

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@StevenWomack-s4e
 One important thing you omitted do the ROTH conversion and reinvest in the same stocks, or likely the same ETF and you don't lose even though the market is down It's not costing you 10 as the video indicated Come on guys, if you are going to do these videos and make money from THEM, at least be correct and cover all the bases!
Comment from : @StevenWomack-s4e


@RobertWardlow-z5p
 WRONG! If you wait and do a withdrawal at the end of the year AND withhold the taxes owed at that time, it is DEEMED to have been equally paid throughout the year and no penalties or interest is owed
Comment from : @RobertWardlow-z5p


@bigtoeknee11
 Can I just pay my Roth conversion taxes from my monthly pension withholding? I can easily increase or decrease withholding as needed
Comment from : @bigtoeknee11

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