It turns out I'm over the income limit to contribute to a ROTH IRA, however I've already made contributions of $6,000 to the account. Before filing taxes I'm planning on selling my contributions (and gains?) in my ROTH IRA, then move them into a traditional IRA and make a conversion to ROTH. I've never done this before so I wanted to make sure this is allowed and if there are any gotchas I should look out for.
Thanks.
Submitted January 01, 2020 at 04:25PM by Clipstuh https://ift.tt/2sFew8D
