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Full Version: Deduction for State Taxes paid for Roth Conversion?
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jc7032
Hi,

This past April 15th I paid a whopping big tax bill to the IRS and California state for a 1999 conversion of my traditional IRA to a Roth. Am I correct in assuming that when next April 15th comes around that I can take the state taxes paid for the conversion as a deduction when I itemize on Schedule A?

Thanks for any help

- JC
Art E
jc

There is nothing in the Instructions for Schedule A that indicates the State income tax paid on distributions from an IRA for a Roth conversion are treated any differently than taxes paid on earned income for example.

So it appears the State taxes paid on an IRA withdrawal converted to a Roth can be a deduction to your Federal taxes - assuming you meet all of the other requirments for claiming deductions in general.
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