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Retirement tax questions
Yes. The term is "convert" your IRA to a Roth. There is no $ limit on how much you can convert (unlike the $6500 contribution limit). A 2017 conversion had to be done by 12-31-17. Any conversion, you make now, will be a 2018 conversions and get reported next year. "Recharacterize" in tax lingo has a different meaning.
‎June 1, 2019
4:44 AM