A YouTube video transcript by Craig Wear, CFP® discussing practical strategies for managing income tax withholding and estimated tax payments when performing Roth IRA conversions. Emphasizes consulting your tax preparer and tailoring approaches to different income ranges and conversion sizes.
Today we're going to kind of COVID one of those kind of boring but really important subjects of strategies for handling income tax withholding and tax payments while you're doing Roth conversions. So, as you know by now, we work with a lot of different people, a lot of different income ranges, a lot of different, varying sizes of Roth conversions each year. And we've learned a lot, and we've spoken to their CPAs and we've learned from tax people of what the right strategies are. And I will say on the front end, if you have a tax preparer or a tax professional that you work with, you want to talk to them first about how they feel like you should do that.
