Emergency-related state tax relief available for taxpayers located in twelve northern Michigan counties impacted by March 2025 storms.
Is a rollover from a regular IRA to a Roth IRA an allowable subtraction?
Is a rollover from a regular IRA to a Roth IRA an allowable subtraction?
If you are at least 59½ in the year the rollover occurs, you may deduct the rollover as a retirement benefit within the limits for subtracting retirement income.
Qualification for a subtraction is a two-step process.
For more information and assistance in calculating your subtraction see Pension Information.