Question on my personal situation, how much can I convert to Roth

[Digger1000]

Hello everyone. I am newly FIRED at age 51 and I am single. So I would like to start converting yearly to a Roth IRA. I will be in the 15% tax bracket. So in my case every year I have a ($3,000) long term capital gains loss. Does that mean that I can convert tax free $13,400 a year to a Roth in my case? 6,350 deduction, 4,050 exemption plus the 3,000 loss? Thank you so much for any help. This board has been a Godsend.

[MDM]

Yes, if that is your only income.  But you say you are in the 15% bracket, making it appear you have other income...?

[Digger1000]

Yes I do have income from dividends and in a couple years I will have long term capital gains from selling mutual fund shares to live on. I will still be well within the 15% tax bracket even if I convert $13,400 to Roth.

[PowderStache]

As I understand it, if your tIRA to Roth conversion is landing you in the 15% tax bracket, it cannot be said to be "tax free".  Your tax free conversion amount would be:
6,350 deduction +
4,050 exemption +
3,000 loss -
other taxable income

After that, you'd be paying 10% on the next $9,325 converted amount, and 15% beyond that.