Recharacterizations. If you make a contribution to a Traditional ▇▇▇ and later recharacterize either all or a portion of the original contribution to a ▇▇▇▇ ▇▇▇ along with net income attributable, you may elect to treat the original contribution as having been made to the ▇▇▇▇ ▇▇▇. The same methodology applies when recharacterizing a contribution from a ▇▇▇▇ ▇▇▇ to a Traditional ▇▇▇. If you have converted from a Traditional ▇▇▇ to a ▇▇▇▇ ▇▇▇ you may recharacterize the conversion along with net income attributable back to a Traditional ▇▇▇. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) for the year for which the original contribution was made or conversion completed.
Appears in 8 contracts
Sources: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement
Recharacterizations. If you make a contribution to a Traditional ▇▇▇ and later recharacterize either all or a portion of the original contribution to a ▇▇▇▇ ▇▇▇ along with net income attributable, you may elect to treat the original contribution as having been made to the ▇▇▇▇ ▇▇▇. The same methodology applies when recharacterizing a contribution from a ▇▇▇▇ ▇▇▇ to a Traditional ▇▇▇. If you have converted from a Traditional ▇▇▇ to a ▇▇▇▇ ▇▇▇ you may recharacterize the conversion along with net income attributable back to a Traditional ▇▇▇. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) for the year for which the original contribution was made or conversion completedmade. You may not recharacterize a ▇▇▇▇ ▇▇▇ conversion.
Appears in 3 contracts
Sources: Traditional Individual Retirement Account Custodial Agreement, Traditional Ira Adoption Agreement, Individual Retirement Custodial Account Agreement
Recharacterizations. If you make a contribution to a Traditional ▇▇▇ and later recharacterize either all or a portion of the original contribution to a ▇▇▇▇ ▇▇▇ along with net income attributable, you may elect to treat the original contribution as having been made to the ▇▇▇▇ ▇▇▇. The same methodology applies when recharacterizing a contribution from a ▇▇▇▇ ▇▇▇ to a Traditional ▇▇▇. If you have converted from a Traditional ▇▇▇ to a ▇▇▇▇ ▇▇▇ you may recharacterize the conversion along with net income attributable back to a the Traditional ▇▇▇. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) ), for the year for which the original contribution was made or conversion completed.
Appears in 3 contracts
Sources: Wealthfront Traditional Ira Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement
Recharacterizations. If you make a contribution to a Traditional ▇▇▇ IRA and later recharacterize either all or a portion of the original contribution to a ▇▇▇▇ ▇▇▇ along with net income attributable, you may elect to treat the original contribution as having been made to the ▇▇▇▇ ▇▇▇. The same methodology applies when recharacterizing a contribution from a ▇▇▇▇ ▇▇▇ to a Traditional ▇▇▇IRA. If you have converted from a Traditional ▇▇▇ rolled over an eligible employer-sponsored retirement plan to a ▇▇▇▇ ▇▇▇ ▇, you may recharacterize the conversion rollover amount along with net income attributable back to a Traditional ▇▇▇IRA. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) for the year for which the original contribution was made or conversion or rollover completed.
Appears in 1 contract
Sources: Traditional and Roth Ira Plan Agreement & Disclosure