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Tag Archive: tax deducation strategies using chariatable gifting

Create a Tax Deduction and Re-characterize Your Traditional IRA to a ROTH: Case Study #2

Create a Tax Deduction and Re-characterize Your Traditional IRA to a ROTH: Case Study #2

Create a Tax Deduction and Re-characterize Your Traditional IRA to a ROTH: Case Study #2 | August 12, 2013 | , ,

Written By: Barry Goldwater in Newton, MA This is the continuation of the financial priorities theme to my posting last week (Re-Characterizing a Traditional IRA to a Roth). This is a very important tax question for everyone moving into retirement; How can one use philanthropy to create a tax deduction and then use that tax deduction to re-characterize a traditional IRA to a ROTH IRA? Go back with me to last week and in summary: Selling Appreciated Land. Husband and wife in their 70s have...

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