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Recharacterizing Your IRA Contribution or Roth Conversion? Know How to Determine the Current Value
Investopedia
Oct. 9, 2003 Excerpt: As the [Oct. 15, 2003] deadline for 2002 recharacterizations looms, taxpayers are faced with the daunting task of calculating the earnings (or losses) on the original value of a conversion or IRA contribution. Proper calculation of the earnings/loss is equally as important as the recharacterization itself, and failure to include the correct amount could cause adverse consequences. MORE >> |
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