Announcement

Collapse
No announcement yet.

Roth IRA contributed, now need to backdoor instead due to marriage

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Roth IRA contributed, now need to backdoor instead due to marriage

    My wife made her roth IRA contribution in January, but now we are married.

    If we file taxes for 2022 married filing jointly, she will be above the roth IRA income limit.

    So do I have to recharacterize her roth IRA contribution to a traditional IRA... then do the backdoor roth?

  • #2
    Yes, that is correct.

    Comment

    Working...
    X