A blog post

Are You Converting More Than One IRA to a Roth This Year?

Posted on the 09 March, 2010 at 3:48 pm Written by in Taxes

Here is an interesting question. Say you convert more than one IRA and so you have more than one conversion date. Can you elect to pay tax in 2010 on one conversion and elect to spread the tax (over 2011 and 2012) on the other conversion?

The answer is no. You have to elect the same treatment for all your conversions.

However, IF you are married AND both your spouse and you convert, then you can make a separate election from your spouse.  You could pay all the tax in 2010, for example, while your spouse could elect to defer.