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URL:  http://boards.fool.com/re-rollover-to-roth-agi-limits-10106496.aspx

Subject:  Re: Rollover to Roth, AGI Limits Date:  2/15/1998  6:49 PM
Author:  KATinChicagoland Number:  2010 of 121161

<<the AGI rollover limit is the same for single or married joint ($100K), do I have this right?>>

That's right. And for married filing separately the rollover is not permitted.

<<Is the AGI we're talking about for the rollover allowance the 1040 line before deductions? I read some where that the numer is actually from a "Modified AGI". Please tell me this number only includes earned income.>>

No such luck. AGI is modified to exclude any income from the rollover itself; beyond that it is modified in the same way as under the regular IRA rules (for example, adding back the foreign earned income exclusion).

KAT in Chicagoland
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