Convert to a Roth for 2011 before tax time in 2012
I was under the impression that if we wanted to convert from traditional to a roth we could still do it before we file taxes for the year…I want to convert for 2011 and have not filed my taxes yet. Is it possible?
Permalink Submitted by Alan Spross on Tue, 2012-04-10 17:59
No. The distribution being converted must be taken by 12/31/2011. It is only regular contributions that can be done up to the tax due date.