Amarin Corp Plc (AMRN)

[Mrfresh]

Thanks, being old has its benefits. I can do a traditional ira conversion to a roth of any amount legally. I would be liable for the taxes, based on my selling price( say todays price if I did it today). The cool thing is that the first year of a conversion you don’t have to pay the tax until next April.
So if I convert today my tax liability is based on today’s price but I can pay taxes next April with Roth shares at a hopefully greatly increased price.
I had aCPA run a pro forma yesterday and it confirmed my thoughts. Say i moved 300k to the roth today. My taxes would be about 108k based on a 20/ share conversion price. I pay the 108k next April with shares worth 30, 40, 50, 60 ?, ?. Extra money in my pocket!