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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: Roth IRA Recharacterization Date: 9/15/2013 8:44 AM
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Vanguard says I must obtain a recharacterization from Schwab for the period the Roth funds were at Schwab, which is understandable. But the folks at Schwab promise action and do nothing.
...
Is there any legal or IRS requirement that the recharacterization information must come from Schwab? What I am considering is I collect the data for the period the funds were held at Schwab and fill out the Vanguard forms.


Ultimately the responsibility falls on you. There is no requirement that you have a third-party calculation of the recharacterization. It seems to me that there's only one number you need from Schwab--the value of the Roth account before the conversion. The confirmation of the conversion should have that, or what you need to back into it.

What am I missing?

Phil
Rule Your Retirement Home Fool
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