MZ Associates members are fee-only, financial advisors that lead with comprehensive financial planning. As advisors, they understand the importance of tax planning. Tony, an MZ member, emailed the MZ Tax Solutions team asking a question on behalf of his client, Kayla: “Should Kayla consider doing a Roth conversion?”

Your response should be formatted as an email to Tony and written from your perspective.
Please use the following information below regarding Kayla’s situation to formulate your response:

Kayla’s Tax Information
● Currently single (divorced in 2017) and has two dependent children ages 2 and 6
● 2020 Taxable Income: $84,750
● Kayla was furloughed in 2021, which will result in an estimated 40% reduction of taxable income
● Traditional IRA balance as of 08/01/21 is $57,300

Answer rating: 100% (QA)

From MZTaxsolutions To Tony Cc Bcc Subject Response to Client Query regarding Roth Conversion Greeti... View the full answer