@dhuynh44 wrote:
Thank you. I’ve read that since 2017 you can no longer recharacterize Roth CONVERSIONS to traditional, however does this include just contributing non- deductible transfer to Roth IRA? The amount that I was not supposed to put into Roth was direct contributions to Roth, not a conversion from traditional IRA. Am I still able to recharacterize this amount to traditional IRA? Than
Correct - once you do a conversion it cannot be undone. Contributions can be recharactorized.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
