I converted a rollover IRA to a Roth. Can I convert part of it back to the rollover IRA to save taxes ?

I converted in Dec 2017 and I converted more than I should have?

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1 Best answer

Expert Alumni

Jun 6, 2019 10:13:05 AM

Yes, you can do a recharacterization of your Roth IRA conversion to reverse all or part of your conversion.

Please read this TurboTax article for more information:

Expert Alumni

Jun 6, 2019 10:13:05 AM

Yes, you can do a recharacterization of your Roth IRA conversion to reverse all or part of your conversion.

Please read this TurboTax article for more information: