Roth conversions vs losses in same year
In 2021 I converted traditional Ira money to a Roth. I paid for the conversion and then had to pay taxes on this as income since I took money from my traditional ira and converted it. During that same year I had losses in my 401 solo account exceeding those gains mentioned above but I didn’t count those losses that year. Can I go back 2 years and count those losses to possibly offset the gains I paid taxes on? I was hit hard with the converting to a Roth from a traditional Ira and then had to pay taxes on the money I took out to convert. Thanks
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