Greetings, Carolyn, and welcome. You wrote:

<<I am having trouble finding confirmation that there's a minimum of one year that has to pass between when someone recharacterizes a Roth back to traditional (tech fund lower now than when we converted it) and when it can then be re-converted back to Roth...is this true?

We would owe significant taxes this year because it was converted as of 12/31/99 (silly--my DH forgot to do it earlier--argh) but we're trying to figure out if there's a way to get the balance down to what it probably will be for the next few weeks or months and pay taxes on that. If we have to wait until April of next year it'll probably be up again.>>

You have until October 15, 2000, to recharacterize your 1999 Roth conversion as a rollover to a traditional IRA. After recharacterization, you must wait the longer of 31 days or until the next tax-year after the original conversion to reconvert to a Roth. You're already in the next tax year; therefore, you may reconvert no sooner than the 32nd day after the recharacterization to move back into a Roth.

See your tax advisor for details.

Regards..Pixy