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Level 1
posted Mar 9, 2023 8:49:16 AM

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

0 1 842
1 Best answer
Expert Alumni
Mar 9, 2023 9:06:09 AM

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

 

Please read this TurboTax article for more information.

1 Replies
Expert Alumni
Mar 9, 2023 9:06:09 AM

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

 

Please read this TurboTax article for more information.