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>>>>>>>>>>>>>>>>I have a regular SEP-IRA and have opened a Roth IRA and contributed $2000 for 1998. It is my understanding that a SEP- IRA can be converted to a Roth, correct? Then can I also contribute the 15% of net to my SEP-IRA and then convert it to the Roth?>>>>>>>>>>>>>>

To convert a SEP-IRA to ROTH you first have to convert SEP to Regular-IRA and then the Regular-IRA to ROTH. I recently did this myself. I don't see any reason why you should not be able to contribute to the SEP prior to conversion, but since your total income for 1998 is not yet fixed, you will have to estimate the contribution. Be conservative to avoid exceeding the limit and the limit is closer to 13.8% not 15%.
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