Accidental Excess for TAX 1999

[Guest mmmcmar]

Thank you for your quick reply. Another issues has arised: We moved this year and the company add the move to our salaries which possibly put us in the 150,000 - 160,000 AGI. Can we hold off until 2001? We have invested the money and really do not want to sale the stock. What does the recharacterized mean to an regular IRA? We would like to get this resolved because we have extended our filing for 1999 Income Tax until we can get this situation under control.