From: joetaxpayer 
Newsgroups: misc.invest.financial-plan
Subject: Re: Tax on conversion of money market to Roth IRA?
Date: Tue, 31 Oct 2006 18:22:10 -0600
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	8QUCZ4RlXyIl5HLA6IHd3avGfrJu1Zdemx/7paUgWhwnnK7enPLU6A==
	=t+YX



Piggy wrote:

>>        Less std deduction:      ( 5150)
>>        Less personal exemp:     ( 3300)
> 
> 
> so as a single filer i automatically take out 8450? i have heard
> different figures from several people and am a little confused.
> 

Which is why I quote for you a reputable source,
http://www.fairmark.com/refrence/2006reference.htm
which offers the current exemption/ standard deduction numbers, as well 
as back to 2004 and the 2007 announced figures. On the same page on the 
tax rate schedules as well.
You are only permitted to put into your Roth $4,000, up to your earned 
income. Even if your taxable income is zero (i.e. less than 8450) you 
still can, and should start the Roth.
JOE