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I converted part of an IRA into a Roth eariler this year. It is looking like I can afford to move a bit more over into the Roth. Is there any problem with converting more than once?

Just to be a bit more specific...Let's assume I moved $10K in June into a Roth. Now, I want to move another $10K. I am assuming I will treat this as a $20K conversion come tax time. I am also assuming I still have the option of spreading the tax burden over one OR four years.

Anything I am missing?

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