Stumbled upon Number Crunch Nerds channel and thought he had a pretty well explained way to figure Roth Conversions.
He left some out of the income piece, he needed to cover 401k/HSA and other deductions from income better, but overall, a good overview. I already had a pretty good spreadsheet for trying to determine the right amount and he provided some much-needed validation. I highly recommend those interested in planning Roth Conversions take a look.
https://www.youtube.com/watch?v=Cs50gaN0Q90&t=45s
(Also he starts with 2023 tax rates)
He left some out of the income piece, he needed to cover 401k/HSA and other deductions from income better, but overall, a good overview. I already had a pretty good spreadsheet for trying to determine the right amount and he provided some much-needed validation. I highly recommend those interested in planning Roth Conversions take a look.
https://www.youtube.com/watch?v=Cs50gaN0Q90&t=45s
(Also he starts with 2023 tax rates)
Statistics: Posted by Dufus — Thu Jul 25, 2024 10:23 pm — Replies 0 — Views 200