I contributed $2,000 to my Roth IRA a couple of weeks ago. Recently, I sold quite a few exercised ISO's before the 1-year holding period, resulting in an income above the $110,000 limit for any Roth contributions.So what do I do now? From reading the IRS publications, I know I need to take out the $2K plus any earnings, but I'd like to move it into my traditional IRA if possible. Do I roll it over? Transfer? Recharacterize? I can't make sense of it all.
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