The recharacterization tag has no wiki summary.
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1answer
22 views
Conflicting information about late recharacterizing of excess contributions
Say someone contributed more than they were allowed to for a Roth IRA in Year 1 (therefore, there was an excess contribution). Can they still re-characterize that contribution to a Traditional IRA ...
2
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1answer
53 views
Recharacterizing a Roth IRA contribution made in 2010?
In 2010 I rollovered money from a 401(k) to a Roth IRA. At the time, I chose to defer the taxable income to 2011 and 2012. However, I am now just learning about recharacterization. Is it too late for ...
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2answers
243 views
How do I recharacterize Traditional IRA contribution to Roth that was converted to Roth?
What forms do I fill out for my broker to recharacterize my 2010 Traditional IRA contribution that was in my traditional IRA that I completely converted to a Roth IRA in 2010 right after the above ...
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2answers
343 views
How can I back out excess IRA contributions when my IRA has a zero balance?
I accidentally over contributed $25 to my traditional IRA last year giving a total non-deductible contribution of $5025. This was then converted along with all my traditional IRAs into Roth IRAs in ...
2
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1answer
270 views
What do I do with excess contribution to traditional IRA that was converted to a Roth IRA?
I accidentally over contributed $25 to my traditional IRA last year giving a total non-deductible contribution of $5025. This was then converted along with all my traditional IRAs into Roth IRAs in ...
5
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2answers
824 views
Can you recharacterize a Roth 401(k) contribution?
I understand that you can recharacterize Roth IRA contributions back into traditional IRA contributions by the next April 15, if you change your mind and decide it would make sense. Then you won't owe ...
