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re: Tax question.....regarding traditional IRA

Posted on 2/3/13 at 8:42 pm to
Posted by Dead Mike
Cell Block 4
Member since Mar 2010
3390 posts
Posted on 2/3/13 at 8:42 pm to
Here are the deduction limits for 2012 if you're covered by an employer-sponsored plan:

LINK

You can recharacterize your contributions to a Roth IRA for the 2012 tax year, you should have until about mid-October to do so.
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 2/4/13 at 7:39 am to
quote:

Here are the deduction limits for 2012 if you're covered by an employer-sponsored plan:

Thanks

But I'm not currently covered by an employee sponsored plan

I just had some 401K contributions from my old job (part of 2012)

Do you know if that matters or am I considered covered since I had some contributions from 2012?
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