Can a Roth conversion done in December 1998 be partially reversed in 1999 ( prior to the due date of the tax return) when it is determined how much the taxpayer wishes to actually convert and pay tax on?? If yes, is there a restriction on which assets can be transferred back to the original IRA?

Same question. My concerns include loss of child credit, other impacts from increased AGI. Would like to run whatifs, but IRS forms not yet released, so calculations complex & very approximate (including AMT -which may be triggered- & Sched D tax). Second best would be partial recharacterization after year end of part of 12/98 conversion. Any ideas?

I have multiple regular IRA accts converted to multiple corresponding Roth IRAs as well as a brokerage IRA acct converted to a Roth IRA(all conversions in 1998).Prior to my 1999 tax filing for 1998,I would like to review each account for tax efficiency.Can I reconvert multiple selected accounts in 1999(prior to tax filing) at different times even though you are allowed only one reconversion per year.Also can I reconvert selected stocks from my Roth brokerage acct and leave the appreciated stocks in the residual Roth brokerage account.