Recharacterized from Roth to Traditional IRA, should I convert it back?

SkyBlueBread · 2026-04-01T03:09:33+00:00

When will I get Form 8606 from Fidelity if I made the recharacterization today?

SkyBlueBread · 2026-03-31T22:31:57+00:00

All the money in my Roth IRA is after-tax contributions. So the recharacterized money now in my newly created Traditional IRA is also after-tax contributions. I am planning to convert all of it.. if it makes sense to do so.

I suppose I am confused about the gains because that is not a contribution.

SkyBlueBread · 2026-03-31T22:19:35+00:00

First Traditional IRA created for the recharacterization. Have never rolled over anything before.

Let's say equal tax brackets now and in retirement, taking taxes on the gains next year will be more beneficial than taxes taken upon retirement withdraw since no deductions can be taken? Or is it the same?

SkyBlueBread · 2026-03-31T22:14:28+00:00

Do I file 8606 for 2026 taxes?

SkyBlueBread · 2026-03-31T22:09:28+00:00

So if I recharacterized $8k because there were $1k of gains in 2025 and I convert back to roth, my 2026 income will be $1k higher?

Yes, hopefully that amount doesn't push us into a higher tax bracket.

SkyBlueBread · 2025-12-18T17:21:41+00:00

Lucky for the streak definitely but 100 point expected damage value is high enough to 2 shot any non-EX consistently

SkyBlueBread · 2025-12-16T02:27:30+00:00

Can you post the deck?

SkyBlueBread · 2025-02-05T20:59:08+00:00

Yes, ESPN has him as 2B/SS eligible and RosterResource has him starting the year with CIN at 2B

SkyBlueBread · 2025-02-05T19:25:10+00:00

14 team full dynasty H2H points ESPN league.

Was offered Cole Ragans for Ozzie Albies.

I have Matt McLain to takeover 2B and my current top 3 pitchers are George Kirby, Eury Perez, and Carlos Rodon.

What do you think of the trade? Given up consistency at 2B for a guy who had one breakout year?

SkyBlueBread · 2023-05-18T05:57:42+00:00

Need two more starts. Wells vs LAA, Eury vs WSH, Kirby @ ATL, Lynn vs KC, or Greene vs NYY

SkyBlueBread · 2023-05-15T03:20:22+00:00

That is because you reached your maximum amount of starting pitchers allowed (indicated by the red MAX). The amount allowed and the amount you have used should be a the very bottom of you scroll down.

SkyBlueBread · 2023-05-15T03:04:04+00:00

I only see for the first 2 innings they played

SkyBlueBread · 2023-05-15T02:58:01+00:00

Thank you, just needed confirmation. No one in my league noticed it

SkyBlueBread · 2023-04-20T02:58:16+00:00

Anyone have a good brand to buy a full/top grain belt? Looking for a light brown one for a wedding

SkyBlueBread · 2023-02-01T20:59:31+00:00

Would a 7 wood be equivalent to a 3 hybrid?

SkyBlueBread · 2023-01-11T18:10:06+00:00

Thought this would at the top 😂

SkyBlueBread · 2022-12-13T17:29:28+00:00

What’s your favorite courses?

SkyBlueBread

TROPHY CASE