I feel like an idiot. I thought the pro rata rule was account based, and didn’t realize everything was summarize to the IRS. I found this out after I put money in my traditional IRA (today) in preparation for a Roth conversion (which I haven’t done yet). My wife and I (33/33) make roughly 350k/yr. Is it worth still converting and getting hit with the tax bill? I have a 6-figure rollover IRA which includes a few rollovers from previous workplace 401k’s (pre-tax). Or, it is possible for me to pull out my traditional IRA contribution without penalty by claiming it’s an excess contribution?