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Don't do it. Please.

I wouldn't, if I knew for sure that the Congress didn't ever want an IRS to be used in this manner. The problem is, from a reading of the IRS publications, it's simply impossible to know!

I can't tell from 509 if they thought of this and were trying to communicate "You shouldn't do this!" or if they actually were trying to communicate "We hope you'll sock as much as possible into your IRA! Yes, we have to tax you, but as long as you pay the tax, we're happy to have you do it!"

I really couldn't.

Most other issues that I've researched vis-a-vis the IRS publications, I've come away with a pretty clear understanding of.
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