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Hello all. I posted a while back asking about AGI limits and Roth contributions for a single person using standard deduction. It appears now that I may exceed the $95,000 AGI threshold for this year (and my 401k is now maxed out at $13,000, as of July 31).

I contributed $3000 to my Roth back in March or April, for 2004. How do I recharacterize it, if necessary? It's with ETrade, and I did not put this year's $3K in a separate account; I added it to an existing Roth.

How do I deal with any earnings/losses on the money? Must I recharacterize them as well?

*possibly related question: I could probably easily offset another $3000 of income with capital losses, either short- or long-term. Which do I use to offset regular income? If I have both long-term and short-term losses, but no gains to offset those losses (because of course I prefer to hold my winners), what do I do with the losses that cannot be used to offset regular income?

Thanks in advance.
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