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LakeshoreLeo1953

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LakeshoreLeo1953

Re: DrQuool post# 91987

Thursday, 02/16/2017 5:41:30 PM

Thursday, February 16, 2017 5:41:30 PM

Post# of 517532
Doc....

Not quite sure (I don't follow your other stock) what you perceive
you gained if you converted Traditional to Roth AFTER a significant gain.

The IRS will/did tax you on the value converted at the time of conversion not at your time of purchase. Perhaps the stock continues to run and you have done well. But, the December conversion of an asset which has significant gains would have been better handled earlier.

Hindsight, particularly limited, is always 20/20.....
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