S**C
发帖数: 2964 | 1 【 以下文字转载自 Investment 讨论区 】
发信人: SOFC (SOFC), 信区: Investment
标 题: ROTH excess contribution problem
发信站: BBS 未名空间站 (Wed Feb 15 18:21:26 2012, 美东)
Some unexpected income near the year-end pretty much eliminated, or at least
reduced, our permitted ROTH contribution for the year 2011. since we
already contributed to ROTH for the year 2011, we get a problem which need
to be corrected. It is certainly a good problem to have but a problem all
the same.
It appears to us the best practice is to recharacterize our excess 2011 ROTH
contribution to non-deductible IRA, am I right? In order to do that, each
of us need to open a new IRA account, transfers the excessive portion plus
earnings attributable to that portion to the new IRA account. If I make a
ROTH conversion on my non-deductible IRA later this year, it will counted as
year 2012 conversion, right?
Your comments are appreciated. | c**********0
发帖数: 624 | 2 Contributions for a year can be made any time during the year but must be
made by the due date (not including extensions) for filing the return for
that year (IRC Sec 219(f)(3)).
Thus, 2011 IRA contributins must be made by April 17, 2012. |
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