Jump to content

Converted in 1998, but want to pay balance of tax in 1999


Recommended Posts

Guest otoole
Posted

I converted to a roth IRA last year and elected to sprerad the tax over four years. I however, would now like to pay the outstanding balance this year. I can;t find anything that says I can or can't.

Posted

You can't. Your options were to pay it one year or over four years. No other options.

------------------

Barry Picker, CPA/PFS, CFP

New York, NY

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use