Narrow focus thread: Roth recharacterizations with new tax law

Status
Not open for further replies.
Followup if anyone actually cares.

I consulted with my CPA who basically said that he thought recharacterizations would be allowed in 2018 but he wouldn't count on it. He advised me to figure my AGI as best I can and then leave some margin since the cost/benefit ratio near a cliff is to be a few steps away from the edge. ;-)

I haven't done my conversion yet. I'm going to wait until the end of the month and all of my expected income has come in.

If I somehow screw up and end up over the cliff, I'll try a recharacterization. If that's not allowed, I'll just live with the consequences.
 
Status
Not open for further replies.
Back
Top Bottom