Guest Rolfe Posted December 11, 1998 Posted December 11, 1998 Can a standard IRA contribution (assuming I qualify) reduce my MAGI for purposes of meeting the $100,000 limit for conversion of IRA to Roth? Whatever the answer, what is the official source I can read?
BPickerCPA Posted December 11, 1998 Posted December 11, 1998 The answer is an IRA deduction will NOT reduce MAGI. Originally it did, but the technical corrections changed that. See Sec 408A. Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com
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