Permalink Submitted by David Mertz on Wed, 2021-02-10 01:15
The tax code change that prohibits recharacterization of Roth conversions does not sunset. It’s permanent part of the tax code unless new tax code changes are enacted to allow such recharacterizations again, but there’s likely zero chance of that ever happening. Recharacterization of contributions is still permitted.
Permalink Submitted by David Mertz on Wed, 2021-02-10 01:15
The tax code change that prohibits recharacterization of Roth conversions does not sunset. It’s permanent part of the tax code unless new tax code changes are enacted to allow such recharacterizations again, but there’s likely zero chance of that ever happening. Recharacterization of contributions is still permitted.