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Subject:  Re: Nondeductible -> Roth conversion question Date:  2/21/2012  4:05 PM
Author:  vkg Number:  115167 of 132803

That seems like it skirts the AGI limits placed on Roth IRAs, but I can't find any evidence that it is not allowed.

It does skirt the AGI limits. If you don't have any other IRAs, it works well. If you have pre-tax traditional IRAs at the time of conversion, then the cost basis is prorated across the entire value of yours (individual, not include spouse's IRAs).
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