Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Deductions greater than Income : Traditional IRA to Roth Conversion?
Answering for just the US part, yes, you should be able to do this and it's a good strategy. The only additional gotcha I can think of is that if you've made after-tax contributions to your traditional IRA, you need to prorate the conversion, you can't just convert all the pre-tax or all the after-tax. I'm not familiar with Oregon personal income tax so there may be additional gotchas there.