CB to 10M conversion - RadioBanter

#11

November 8th 11, 04:38 AM

jennifergeor jennifergeor is offline

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First recorded activity by RadioBanter: Nov 2011

Location: USA

Posts: 1

After converting my Traditional IRA to a Roth in 2010, can I undo the conversion due to the decrease in market value and then turn around and reconvert back to a Roth in order to pay less taxes on the decreased value. Would I have to pay all the taxes in 2012? My income is over 100K.

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