Can we do a conversion from a non-spousal Inherited IRA to a non-inherited Roth IRA (i.e. my own)?
I thought IRS Pub 590-B clearly states that we cannot. But I do not see that now.
Instead....
On page 5 ("Traditional IRAs" / "What If You Inherit An IRA" / "Inherited from someone other than your spouse"), it states: ``you cannot __roll_over__ any amounts into or out of the inherited IRA``.
On page 1 ("What's New [...]"), it states: ``you can also make as many __rollovers__ from a traditional IRA to a Roth IRA (also known as __"conversions"__).``
So it would seem that a conversion is a rollover, and the paragraph on page 5 disallows rollovers from non-spousal Inherited IRAs.
Right?
Can someone cite an affirmative statement that is directly on point?