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knmcnul
New Member

What are the steps to re-characterize a Roth to tradition IRA contribution in Turbotax?

Your response did not answer my question.   I did not do any conversions in 2018.   My financial planner says I need to convert some of my Roth constitutions to traditional IRA.  To determine the amount, I need to re-characterize.  Are you saying I can't do this?

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Accepted Solutions
KatrinaB
Intuit Alumni

What are the steps to re-characterize a Roth to tradition IRA contribution in Turbotax?

The tax reform bill of 2017 has eliminated the ability to recharacterize a Roth IRA conversion done in 2018 and onward. However, you can still recharacterize your 2017 Roth IRA conversions up until October 15, 2018. 

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2 Replies
KatrinaB
Intuit Alumni

What are the steps to re-characterize a Roth to tradition IRA contribution in Turbotax?

The tax reform bill of 2017 has eliminated the ability to recharacterize a Roth IRA conversion done in 2018 and onward. However, you can still recharacterize your 2017 Roth IRA conversions up until October 15, 2018. 

knmcnul
New Member

What are the steps to re-characterize a Roth to tradition IRA contribution in Turbotax?

Unsatisfactory answer to my question.  I did not convert to a Roth in 2018.  I need to convert Roth to traditional.  Answer is opposite of what I asked.
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