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Re: Crikker post# 176913

Thursday, 02/21/2019 8:59:53 PM

Thursday, February 21, 2019 8:59:53 PM

Post# of 426455
Crikker,

I apologize for my lack of understanding but really want to understand your view.

Example:

05/15/18 -100K shares converted from traditional to roth @ $3.17 = $317,000
Today - 100K shares @ $17.46 = $1,746,000

My understanding is I owe income taxes on the value during conversion ($317K) along with my other income. My question is, does it really matter if I go from a 32 to 37 percent tax bracket on my income if I have tax free money from here on out?

Thank again,
Noel
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