| Author | Message | ||
Rebel Hero Username: Rebel Post Number: 15623 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>186k kadaa for joint filing? adi roth ira ki..trad ira less than 98K per family.. | ||
Andhravodu Side Hero Username: Andhravodu Post Number: 6446 Registered: 07-2015 Posted From: 69.62.241.11 Rating: N/A |
186k kadaa for joint filing? | ||
Kingjames Moderator Username: Kingjames Post Number: 5738 Registered: 11-2013 Rating: N/A |
98K kante ekuva vunte T IRA lo pettalema aithe ? Ekada chadavaledu ela ani, I read limit is 5.5K | ||
Rebel Hero Username: Rebel Post Number: 15622 Registered: 02-2008 Posted From: 174.219.41.41 Rating: N/A |
Rocks, t ira lo income limit is 98k per family kada Mostly andariki antha Kante ekkuva untadii | ||
Happydays Side Hero Username: Happydays Post Number: 4840 Registered: 02-2015 Posted From: 104.129.204.116 Rating: N/A |
Roth IRA money tax exempt kaadhu..kaani daani meedha voche profits ki manamu tax kattakarledu.. I put equal amounts in Traditional and Roth IRA..By mistake, i deposited into traditional IRA and then next day i transferred money from traditional to Roth IRA..one day lo profit vochindi in double digits ..daaniki kooda i need to inform..unnecessary complications ippudu. Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin | ||
Kingjames Moderator Username: Kingjames Post Number: 5728 Registered: 11-2013 Rating: N/A |
Traditional IRA best anukuntunna, what are the advantages of Roth IRA over Traditional ? | ||
Andhravodu Side Hero Username: Andhravodu Post Number: 6444 Registered: 07-2015 Posted From: 69.62.241.11 Rating: N/A |
 It's still 2016, you might not need 8606. naku kooda ilane jarigindi. tax adviser used some classification code - G something and redid my taxes. nee case lo, you simply file with your 2016 taxes, you'll be fine. If you forget to get that done, then audit padutundi, amendment cheyali | ||
Happydays Side Hero Username: Happydays Post Number: 4839 Registered: 02-2015 Posted From: 104.129.204.116 Rating: N/A |
Super encourangement saami nuvvu Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin | ||
Andhravodu Side Hero Username: Andhravodu Post Number: 6443 Registered: 07-2015 Posted From: 69.62.241.11 Rating: N/A |
recharacterization cheste yes, form 8606 vadali, and it's a stupidly arcane form. u screwed brah | ||
Happydays Side Hero Username: Happydays Post Number: 4834 Registered: 02-2015 Posted From: 104.129.204.116 Rating: N/A |
I put money in Traditional IRA for the year 2016 few days back. I realized my mistake and recharacterized the entire amount from Traditional IRA to Roth IRA. Contribution for Roth IRA is also for 2016. Though i did it immediately, i gained small amount during this process and they put that money in my Roth IRA. It seems i need to report the earning and this process to IRS.. Do i need to use Form 8606 for this or any other form?.. Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin |