I currently have a regular IRA that I am considering converting to a Roth IRA. The value of my IRA currently stands at about $13,000.00. In the IRA I own shares of stock that I expect to increase dramatically in value very soon. Will I be able to convert to the Roth for Year 2000 at current value, or will it have to be for Year 2001. If I do it for Year 2000, my income will not be over $100,000. If I have to do it for 2001, my income may be over $100,000 as I have the same stock in my regular stock account as well. I have suddenly realized that in my regular IRA if I don't convert and this stock does increase as expected, I will owe a large tax bill as it is distributed later in life, but my tax burden now will only be on $13,000 if I convert to a Roth IRA. I am at the point now that the stock may run, while I am trying to convert to the Roth. Will I still be able to sell during the conversion process. This is very complicated to me. Can you help.Thanks
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