Can I Still Recharacterize a 2010 Roth IRA Conversion?

You will receive various questions as the tax deadline draws near, and a popular one involving IRAs goes something like: “Can I still recharacterize my 2010 Roth IRA conversion?” Many people will realize that they must begin to pay taxes on this conversion this year, and some will ask if the conversion can be undone, especially if he or she doesn’t have the money to pay the tax. The answer and advice you need to give can be found in the below video from our YouTube page, IRAtv.


 

 
 

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