Roth IRA recharacterization due date
the October 15, 2011 due date for Roth IRA recharacterizations–can that be done thru an amended tax return for 2010 or must you go on extension?
the October 15, 2011 due date for Roth IRA recharacterizations–can that be done thru an amended tax return for 2010 or must you go on extension?
Permalink Submitted by Alan Spross on Thu, 2010-09-09 18:36
To qualify for the extended due date (10/17/2011), you must either:
a) File a timely extension by 4/15 or
b) File a timely tax return by 4/15
Of course, if you file the timely tax return and then recharacterize a contribution, you will have to amend that return. But the amended return itself does not qualify you for the extended due date.