eunice
Nov 19 2000, 01:05 AM
My filing status is married filing jointly. If I want to
convert my traditional IRA to Roth, do I only consider my IRA funds, or do I need to include my spouse's too? Also, do
I need to include 401(k) funds?
BPickerCPA
Nov 19 2000, 06:53 AM
You can only convert your IRAs, or only your wife's, or both, or neither. You can also convert part of any IRA. You cannot directly convert a 401k account.