Help - Search - Members - Calendar
Full Version: Converted in 1998, but want to pay balance of tax in 1999
BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs
otoole
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.
BPickerCPA
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
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2012 Invision Power Services, Inc.