The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Roth conversion timing||Date: 4/3/1999 9:42 PM|
|Author: TMFTaxes||Number: 13573 of 125434|
[[If a traditional IRA is converted to a Roth IRA before the April 15, 1999 tax
deadline can the conversion be taxed in the 1998 tax year?]]
Nope...the last day that a CONVERSION could be considered a 1998 conversion was 12-31-98. You can still make a 1998 CONTRIBUTION before 4-15-99, but not a conversion.
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