Roth IRAs

Do I have to make my re-characterization of my Roth to a conventional IRA selection by the April 15th due date of the return ?

Answer:

No. You are allowed to re-characterize your Roth IRA to a conventional IRA up until the final due date of the income tax return. This means the due date plus extensions translate from April 15th to potentially Oct 15th.
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Roth IRAs Questions

View More Questions