Roth IRA

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Does a Roth IRA Count as an Asset in Insolvency Calculation for Cancelled Debt?

By | June 16th, 2017|Categories: Potpourri of Tax Topics|Tags: , , |

Does a Roth IRA Count as an Asset in Insolvency Calculation for Cancelled Debt? Short answer is: yes.

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Glossary: Non-Deductible IRA Contributions

By | May 16th, 2017|Categories: Potpourri of Tax Topics|Tags: , , |

A non-deductible IRA contribution refers to money put into a traditional IRA, for which the taxpayer does NOT get a tax deduction.

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Glossary of Tax Terms: Roth IRA

By | July 30th, 2015|Categories: Glossary|Tags: , |

This blog post defines what Roth IRA means

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Technical Tax Tuesdays – More About Roth Recharacterizations

By | December 6th, 2011|Categories: Potpourri of Tax Topics|Tags: , , |

Last month on Technical Tax Tuesdays, I wrote about Roth recharacterizations in general, and gave an example of a simple recharacterization. This month, I'll look at a more complex recharacterization. As mentioned in last month's column, the tax consequences of a Roth recharacterization are simple if no other money has been put into the Roth IRA [...]

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Technical Tax Tuesday – How to Do a Roth Recharacterization

By | November 8th, 2011|Categories: Potpourri of Tax Topics|Tags: , , , |

EDITOR'S NOTE:  Technical Tax Tuesday is a monthly feature published on the second Tuesday of each month in which Jason will go in-depth and work through a tax situation.  If you have a topic you think would be a good fit for Technical Tax Tuesday, please e-mail Jason at dinesentax@gmail.com. -------------------------------- Roth conversions have been popular [...]