Roth Conversion and recharacterization
If someone converts an IRA to a Roth IRA. Then dies in the same year after doing the conversion. Can the estate undo the conversion by the October 15 following the year of conversion? Is it not possible since the estate is not an individual or is the maximum date earlier due to the other IRA beneficiary provisions?
Permalink Submitted by mk foss on Thu, 2010-03-04 01:40
I don’t know if you received a response to this – this section is just for posting problems with the site itself.
However, if a person makes a Roth conversion and then passes away his/her executor has until the usual due date to recharacterize. Example, conversion in 2010, person passes away in August after making the conversion. Executor has until 10/15/2011 to recharacterize.