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While I agree now is a good time for the conversion and having a mix of Roth and traditional IRAs is a good thing, myself and others have posted here that it's very easy to pay <u>more</u> in taxes by converting to a Roth if you're in a 25% or higher tax bracket.

I need to read up on this, but here is my question.

Say your traditional IRA was never tax deductable. What would you pay taxes on when converting?

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