How Company Life Insurance Tax Deduction Works

[@SandeepKaur-sd3wt]

Hii

[@azminasajwani7494]

I have a traditional IRA. I want to convert part of it to Roth IRA and will roll over remaining funds to traditional IRA. I will pay taxes on the amount that is being converted to Roth IRA. I should be okay, right?

[@TaxTutor]

You are correct - the amount converted to the Roth will be taxable. The amount rolled over to another traditional IRA should not be taxable.

[@SandeepKaur-sd3wt]

I am wondering about tax tutor can you provide me tax tuition