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Can I recharacterize a portion of my conversion contribution?

April 26, 2017contribution conversion portion recharacterize

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Can I recharacterize a portion of my conversion contribution?

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Yes. All or a portion of a conversion contribution may be recharacterized. However, it is important to recognize that the net income attributable (NIA) that must accompany the recharacterized portion is calculated as a pro rata portion of the aggregate income earned on the entire Roth IRA during the period the IRA held the contribution.