That is my point. You could move all the NGIO shares from any IRA into your Roth IRA since there is no value as of right now. However if you’re talking about your taxable income, you deafly need to check to make sure you’re not above the level so that you can convert an IRA
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.