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drv17

02/16/17 2:24 PM

#91952 RE: bas2020 #91941

You can also request an extension to file and you have until then to recharacterize your Roth conversion.
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DrQuool

02/16/17 4:23 PM

#91987 RE: bas2020 #91941

Congratulations on your timely IRA conversion basparks. Last year I had my most confidence in NVDA in my IRA holdings, so I converted it last year, which was my first full year in retirement. This was in December after it had tripled for me during the year and it finally dawned on me, why not pay some taxes now to have tax free withdrawals on this potentially huge winner later. Now, my most confidence is with AVXL, so I converted some of my shares to a ROTH today. I have a core position which I plan to hold many years, and I also do a little bit of swing trading for occasional chances to buy extra shares with the same dollar amounts on price drops. I'm pretty much an amateur, but still know enough to make a little bit of money, mostly in my IRA accounts.