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re: Roth IRA tax implications question

Posted on 5/22/16 at 2:32 pm to
Posted by Bonjourno
New Orleans
Member since Jan 2010
2717 posts
Posted on 5/22/16 at 2:32 pm to
So I'm ok even though the forms are showing the Roth contribution? Should I have my wife's converted back to Roth?
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49185 posts
Posted on 5/22/16 at 3:21 pm to
Am I understanding right...

You contributed last year to Roth.

Now recently y'all have a bump in income.

CPA tells you that you can't contribute because you are over limit?

Are you sure the CPA isn't referring to this year? Your contributions from 2015 should be fine.

(all of this could be incorrect)
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