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Subject:  Roth Conversion + low AGI Date:  1/30/2000  11:21 PM
Author:  fontyc Number:  18492 of 88498

I have 2 questions. I think I know the answer to the first.

1. What is the deadline for converting traditional IRA funds to a Roth IRA for tax year 1999?

2. This question is a little more complicated. My wife and I have 3 traditional IRA's. My business provides us with enough deductions that we qualify for Earned Income Credit. Some tax years I have NOT taken some deductions just to keep my AGI high enough to maximize the EIC. Now the question. Are there any rules that prevent me from making the conversion from traditional IRA to Roth? Makes sense to me. I may have a situation where I could avoid the taxation on the conversion.

I could really use some help here as I cannot find anyone at the IRS who might be smart enough to give me an answer. Thanks in advance.

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