Guest mpe1955 Posted April 4, 2000 Posted April 4, 2000 My wife & I each contributed to a Roth IRA for 1999 (and 2000). Based on our income, we do not qualify and are in the process of working w/ Schwab to recharacterize these as regular IRA contributions. What tax forms need to be comleted to report this? The specific lines to fill in would be helpful. Also, since the gains will roll over to the regular IRA's, I assume there are no tax payments/penalties associated w/ this...correct? HELP! ------------------
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