Roth IRA conversion tax

[cardtrick]

A few years down the line, I anticipate having a couple of years where I might not make any money. How does this affect IRA to Roth conversions? What's the approx max that I can covert without having to pay any taxes? And can investment losses be written off against the amount I convert? Let's say in 2020, I have 0 income and a $10,000 loss in my taxable portfolio. How would this affect how much I can covert to Roth without paying any taxes?

I'm debating how much to contribute to Roth 401K vs regular 401K. Starting next year, I plan on maxing out my 401K.

[disneysteve]

Nobody can tell you what the tax law is going to be in 2020. One of our resident accountants may come along and tell you what would happen if this were your situation this year.

[cardtrick]

Thanks Steve. Yes, of course assuming tax laws won't change.