Hi out there,Can anyone help with these questions? Thanks!If I convert my IRA to a Roth in 1998 I understand that I get to pay the tax on it over 4 years. But the question is, does the amount of the conversion get claimed as income over 4 years, or does the tax liability itself get divided by 4 years? In other words, if I convert $20000 of IRA funds to a Roth, do I claim $5000 of that per year as income, or do I have to claim the whole $20000 as income in 1998 and then pay the tax liability over the 4 years? The difference is the possibility that, if claimed in one year, it would push me into a higher tax bracket.Also, does the WHOLE amount have to be claimed as income, or just the contribution amount and not the gains?Thanks for any help.Pooksterish
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