Tax & Accounting
September 17, 2021
Recharacterizing 2020 IRA regular contributions: October 15 deadline fast approaching
An IRA owner, through recharacterization, can treat a contribution made to one type of IRA (i.e., traditional or Roth) as having been made to the other type of IRA. The deadline to recharacterize 2020 IRA regular contributions is fast approaching.