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So the client inherits an IRA from her 98 year old Aunt in 2009. Client is age 70 in 2010....

So you did your recharacterization from the Roth IRA back to the traditional IRA and now you are wondering how you put this on your tax return so you don’t have to pay tax on the conversion.You can find some guidance from IRS on the instructions for Form 8606 - which in most cases you don’t have to file when you do a recharacterization. You can find these instructions at www.irs.gov.

H – 54, S – 49 in 2009 – Roth Contributions – H – $6k – S – $5k ($3k...

Is anyone using a software package that takes into account current and future tax rates as well as all of...

After a Roth conversion are future gains in value or future withdrawals subject to Alternative Minimum Taxation?

Hi All, I’m trying to decide to see if I should fund my 401k with after tax money and wanted...

Friends, I am looking for a description of the mechanics for this situation. Client correctly set up a Roth IRA...

My client now has only one IRA with only after-tax money in it. I understand that should be able to...

In 2007 I rolled over the total amount of my 401k from an employer plan to a Vanguard IRA. The...

Client made two contributions to Roth IRA for minor child of $1000 each in tax years 2008 and 2009. Contributions...