rpn50
Apr 4 2001, 01:27 PM
I contributed $2000 to my Trad. IRA a few days ago and realized that I should have put it into a ROTH IRA.
Which sections of Form 8606 should I fill to recharacterize
the above ?
Thanks
BPickerCPA
Apr 4 2001, 10:32 PM
You don't recharacterize by filling out a form, you recharacterize by physically having the custodian redesignate the account (if eligible), or moving it to a Roth IRA.
rpn50
Apr 5 2001, 08:21 AM
Let me rephrase the question .
Which sections of the form-8606 need to be filled to report the recharacterization to the IRS ?
Thanks
Appleby
Apr 5 2001, 05:36 PM