TromboneAl
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 30, 2006
- Messages
- 12,880
I'm going to recharacterize a portion of my Roth conversion. Although it doesn't affect the tax we'll owe, it will have a significant effect on our ACA premiums.
The mistake I made in December was to assume that if I converted the same amount as in 2012, our income would be about the same.
It seems that a recharacterization is pretty straightforward, and I can do it over the phone with Vanguard.
Anyone done this?
Anything I need to consider?
Also, even though there are VG reps available on Saturdays, I'd guess that those guys are the B team, and I'll wait and do this on Monday.
Thanks,
Al
The mistake I made in December was to assume that if I converted the same amount as in 2012, our income would be about the same.
It seems that a recharacterization is pretty straightforward, and I can do it over the phone with Vanguard.
Anyone done this?
Anything I need to consider?
Also, even though there are VG reps available on Saturdays, I'd guess that those guys are the B team, and I'll wait and do this on Monday.
Thanks,
Al
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