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Old 01-05-2007, 04:42 PM   #4
Mormon Red Death
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Join Date: Jan 2006
Location: Clinton Township, MI
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Quote:
Originally Posted by MikeWaters View Post
Might pay all of 07 + 08 during 07.

I screwed up my roth conversion, and will have to lower my adujsted income to make a conversion in 07.

Plus then I can take the non-itemized deduction in 08.

Good plan or crazy?
pay it on december 31 2007. If you have the money it would save you some taxes but would be a red flag to IRS
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