Scott D. Killen, CPA

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Comments Nov 5, 2010  |   Posted by in Tax Planning
Roth <span class=IRA Conversions in 2010" />

Roth IRA Conversions in 2010

New tax laws for pro­vide new options for con­vert­ing to a Roth IRA in 2010. For the 2010 tax year and fol­low­ing, the mod­i­fied AGI lim­its and fil­ing sta­tus require­ments for con­ver­sions have been elim­i­nated. Fur­ther, income rec­og­nized from a con­vert­ing any other type of IRA to a Roth IRA can be deferred to 2011 and 2012. Advan­tages of a Roth IRA ...

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