I live in TN (no state income tax) and work in NC (has state income tax, 5.75% flat). I pay NC income tax due to working in NC. I've historically done a Roth IRA - but am considering doing a traditional to lower my state taxes. I'm thinking about putting into the traditional then each year converting it to a Roth and paying the federal tax. Is there any problems or legal issues with doing this? Good idea, bad idea?
Submitted May 20, 2017 at 08:22AM by GravyMakesItBetter http://ift.tt/2qEygWP
