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IRA contribution non-deduictible

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    #16
    Transfer

    Originally posted by S T View Post
    Thanks

    $3K non deductible - will move to a Roth IRA and complete form 8606.
    Isn't the "move" going to be a 2017 tax event ?

    FE

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      #17
      Yes it will be a 2017 event and I have the $ 3K on form 8606 as non deductible in 2016.

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        #18
        With such high income, why isn't he maxing out the IRA?

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