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re: Best Rollover 401K Brokerage?

Posted on 1/18/13 at 4:30 pm to
Posted by Broke
AKA Buttercup
Member since Sep 2006
65066 posts
Posted on 1/18/13 at 4:30 pm to
quote:

For anyone in the know, as I read it, as long as I roll it to a roth before April 15th, I would claim that income on my 2012 Taxes, correct?


What are you rolling? I assume a 401k. And I don't know why it would be taxable in 2012 if you did the conversion in 2013. But I'm not a CPA either.
Posted by Lsut81
Member since Jun 2005
80366 posts
Posted on 1/18/13 at 6:32 pm to
quote:

To enroll, call Schwab at 800-750-9073 or stop by a Schwab branch between now and December 31, 2013. Open your IRA before April 15, 2013, to make your contribution for tax year 2012


I was just assuming that since your contribution counted for 2012, that tax implications would
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