Guest Lonnie_parry Posted December 31, 1998 Posted December 31, 1998 I have 2 Roth Conversion IRA's which are overseen by 2 separate financial institutions. Can I pay taxes on one over the 4 year period and taxes on the other fully in year 1? TY.
BPickerCPA Posted December 31, 1998 Posted December 31, 1998 No. You must treat all of your Roths the same. In the case of a husband and wife, one can elect one year while the other spreads the income. But each of your own accounts must be consistently treated. Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com
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