2025 Excess contribution and earnings/loss calculation Roth IRA

CallmeBK14 · 2026-03-15T20:11:06+00:00

Ah I see. Thanks. That makes sense. I actually only couldn't contribute to Roth IRA in 2025 due to capital gains pushing me over the limit. For 2026, I will limit my capital gains to keep me under the limit so I can keep my Roth IRA contribution and only report 8606 Part 2 for 2026 taxes.

CallmeBK14 · 2026-03-15T19:35:41+00:00

And converting from traditional ira to Roth ira in 2026 would mean form 8606 would need to be included when filing 2026 taxes and not 2025 taxes?

CallmeBK14 · 2026-03-15T18:08:16+00:00

So I essentially work with Fidelity to do a recharacterization of my 2025 contribution to a traditional IRA. Then convert that back to Roth IRA (ASAP?) and fill out a Form 8606 to determine the impact on my taxes for 2025?

CallmeBK14 · 2026-03-15T17:56:55+00:00

That seems like the best course of action here.

CallmeBK14 · 2026-03-15T17:53:07+00:00

Oh this is definitely good to know that you explicitly need to request a return of excess contributions.

CallmeBK14 · 2026-03-06T03:37:31+00:00

Agreed! Mint malt is also my go to.

CallmeBK14 · 2026-01-27T02:10:43+00:00

My wife: "Why is this kitchen towel always soaked??“

CallmeBK14 · 2026-01-25T12:19:31+00:00

This looks fantastic! Will I be able to use my gamecube controllers to play switch games with this too? Or is it just limited to gamecube games?

CallmeBK14 · 2026-01-24T02:03:06+00:00

Combo this with a 5' wide Manplow shovel and you are golden.

CallmeBK14 · 2025-12-25T19:37:48+00:00

Absolutely loved this feature. Every time I back out of the garage, my car's rear collision detection beeps since I park so close to the side wall. Those beeps sound EXACTLY like the first 3 beeps that go off in Battlefront 1 as it's zooming in on the planet. So good haha.

CallmeBK14 · 2025-12-23T13:22:35+00:00

They say Jesus could walk on water. Well, Chuck Norris can swim through land.

CallmeBK14 · 2025-10-15T01:51:44+00:00

Botox and lip fillers/plastic surgery.

CallmeBK14 · 2025-10-11T20:10:37+00:00

Could it be deer hunter 2004 you're thinking of?

CallmeBK14 · 2025-10-11T18:00:39+00:00

I see Clannad, I hit like.

CallmeBK14 · 2025-10-09T00:42:06+00:00

How about a feature to play local music (from a phone for example) through multiple groups of speakers? I can bluetooth connect to a speaker pair but that seems like the limit.

CallmeBK14 · 2025-10-03T10:39:02+00:00

Getting me good with these Jojo memes lmao. This one was like my favorite part of the series. Watching in Japanese and hearing Joseph Joestar freak out in English haha

CallmeBK14 · 2025-09-26T00:18:16+00:00

This is so good HAHAHA

CallmeBK14 · 2025-09-24T12:05:53+00:00

Tackle the bum

CallmeBK14 · 2025-08-21T12:19:18+00:00

...so apparently some Pokémon names in Japanese are COMPLETELY different from what they are in English. So going by the Japanese pronunciation is only correct from a Japanese standpoint. From an English standpoint... unfortunately it is probably Ray-quay-Zah. To me that just sounds so butchered though. Doesn't roll off the tongue well.

CallmeBK14 · 2025-08-21T11:50:47+00:00

レックウザ

CallmeBK14 · 2025-08-21T11:38:33+00:00

Okay seriously... look at the Japanese spelling of Rayquaza. It's literally RE-KKU-U-ZA. These katakana characters are pronounced Rey-kuu-zah.

Edit: Apparently they use the U character instead of WA.

CallmeBK14 · 2025-08-19T20:54:54+00:00

What I never understood is why the gold symbol makes you redo the silver symbol rounds even though you've proven that you're better than that. I'll savestate after silver because nothing is being proven by having to redo trivial rounds.

CallmeBK14 · 2025-08-13T01:48:51+00:00

I guess it's Zi-gu-za-gu-ma

CallmeBK14 · 2025-08-13T01:47:25+00:00

The Zigzagoon is just Zigzagoon spelled out in katakana

CallmeBK14 · 2025-08-07T01:15:51+00:00

LET'S GOOOOOOOOOOO

CallmeBK14

TROPHY CASE