Oops! tax for taxable was wrong. Corrected:
No conversion (10% cap gains tax in taxable)
Start End Tax Total
IRA $10,000 $20,000 $4,800 $15,200
Taxable $2,400 $4,800 $240 $4,560
Total $12,400 $5,280 $19,760
Convert
Start End Tax Total
IRA $10,000 $20,000 $- $20,000
Taxable $2,400 $- $2,400
Total $12,400 $2,400 $20,000