@Opus 17Quick follow-on question: if I had originally contributed $6,000 to the Roth instead and had $500 of earnings, would the $500 of earnings still be taxed...
I called my custodian today. It looks like there are capital gains.Can you help me understand why I need to pay taxes on the gains if we are taking it out of th...
When you say "I don't see why you couldn't convert from the Traditional IRA you use for the rechacterization" - does conversion from traditional to Roth an offi...
Thank you jtax. So it sounds like I'd recharacterize the Roth IRA to traditional. What would I do next to make it a backdoor Roth? Recharacterize it again, or i...
