Multi-year Roth conversion in ESPlanner Pro
I understand how to model a single year IRA to Roth-IRA conversion:
- Decrease the amount of the IRA on the Retirement Accounts panel
- Increase the amount of the Roth IRA on the Retirement Accounts panel
- Enter a taxable special receipt for the amount of the conversion
The Special Receipts panel allows me to enter multi-year receipts, but the Retirement Accounts panel only shows the current year. How should I model converting, for example, $100,000 per year for 5 years from a normal IRA to a Roth IRA. The purpose of staging it over multiple years would be to avoid Alternative Minimum taxes.