Avoiding Roth recharacterization traps
The Roth recharacterization provides one of the few second chances in the tax code. In essence, it's a do-over.
The Roth recharacterization provides one of the few second chances in the tax code. In essence, it's a do-over. The provision allows you to undo, or reverse, a Roth conversion, effectively treating the move as if it never happened. Any tax paid on the conversion is refunded. However, there is a time
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