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Investing
@lisaannsala wrote:
I made the conversion without realizing the consequence, thus, I would like to just roll the Roth funds back into the IRA account they came out of.
Unfortunately the Tax Cuts and Jobs Act (TCJA) prohibited that a for any conversion after Jan 1, 2018. Once in the Roth, it cannot be put back.
**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.**
May 17, 2020
1:53 PM
1,655 Views