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Level 2
Mar 9, 2023 4:49 PM UTC
Solved

Can I reverse some rollover to ROTH

In 2022 I Rolled over money from my 403B to a ROTH. I had a better year than expected and this puts me in a higher tax bracket. Can I reverse a portion of this rollover?

Thanks,

Rick

MinhT1Answer
Alumni - Intuit
Mar 9, 2023 5:06 PM UTC

Beginning with the 2018 tax year, undoing Roth conversions are no longer permitted. 

 

Please read this TurboTax article for more information.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

1 reply

MinhT1Answer
Alumni - Intuit
Mar 9, 2023 5:06 PM UTC

Beginning with the 2018 tax year, undoing Roth conversions are no longer permitted. 

 

Please read this TurboTax article for more information.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"