#state tax bill

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#domicile #federal tax #florida #high-tax state #part-year resident #required minimum distributions #retiree #roth conversion #state tax competitiveness

Roth Conversion Timing Saves State Tax Bill
A retiree converted $200,000 to Roth one year before moving to Florida, avoiding a $50k+ state tax bill.
24/7 Wall St. · 1m