Converted to Roth in 2000.Recharacterized to Trad. on 2/1/01, return has not been filed yet.If the custodian will go along (which is doubtful), can we "undo" the recharacterization so the year 2000 conversion stands and we don't have to take another MRD this year?Especially if it happens before eom statements come out I don't see a practical problem. Is there an IRS/reporting type of problem? Doesn't the custodian wait until the end of the year to report?What you're wanting to do cannot be done legally. If the custodian will go along with it, be aware that your funds have been entrusted to, at best, an ignorant custodian; at worst, to a crooked one.Phil MartiVITA Volunteer
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra