New Roth conversion following a recharacterization
I just completed the recharacterization of a 2007 Roth IRA conversion. Without waiting 31 days, would there be any problem with the IRS if I did a 2008 Roth IRA conversion now for an amount that is much larger than the 2007 conversion amount and that is coming from a different TIRA of mine than the originating and receiving TIRA of the 2007 Roth conversion?
Thank you.
Permalink Submitted by Alan Spross on Fri, 2008-10-10 02:23
No, that would be OK and would NOT be considered a disallowed reconversion.