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V
veachj
May 3, 2021
Question

My husband (he's 66) took a lump sum pension vs monthly payments from prior company and rolled it over to a ROTH, can I pay the taxes on this over 3 years?

  • May 3, 2021
  • 1 reply
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    1 reply

    O
    Opus 17
    Employee
    May 3, 2021

    If you can certify that the distribution was due to a COVID-related hardship, then yes.  (But this seems doubtful under the circumstances and I suspect it would not survive audit challenge).

     

    Otherwise no, there is no income averaging for Roth conversions. 

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