Inherited IRA to ROTH via traditional IRA - Ed Slott and Company, …
Best to move the 80k to the TIRA by direct transfer (or take a distribution and convert without going through the TIRA) to avoid using up the one allowed 60 day rollover per 12 months.
Undo proir 2014 Trad IRA contribution in favor of SEP-IRA
Recharacterization cannot be used between SEP and non SEP IRA contributions going either direction. However, if she does not make the 2014 SEP contribution until 2015, she is not an …
IRA Discussion Forum - Ed Slott and Company, LLC
This is a discussion forum for our online community. Ed Slott and Company, LLC neither monitors nor endorses forum topics, questions, and/or answers.
Recharacterizing a 2012 IRA Contribution to a 2013 Contribution
Feb 28, 2013 · They could recharacterize that amount of their TIRA contribution to a Roth and have the rest returned with earnings. The higher the gain on their contribution, the better this …
SEP and Traditional IRA (TIRA) conversion to Roth IRA and Form …
Apr 11, 2017 · 2013 individual return included Form 8606 showing Jan 2014 non-deductible TIRA contribution and therefore basis of that amount on line 14 Jan 2014 Roth conversion of SEP …