KELLER CPAs

Certified Public Accountants & Business Advisors
(208) 887-9541 2361 S. Titanium Pl, Ste# 100
Meridian, ID 83642
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Archive for Financial Preparedness

Roth IRA Conversions

For 2010, a conversion from a regular IRA to a Roth IRA is no longer subject to limitation based on the net income of the taxpayer. Previously, taxpayers with adjusted grow income of greater that $100k were not able to convert their IRA’s to Roth IRA’s. The amount of tax can either be paid in 2010 or an election can be made to defer the tax and spread it over two years – 2011 and 2012.

Certified Public Accountants & Business Advisors – Keller CPA - Serving Boise, Meridian, Eagle, Kuna, Nampa, Idaho and beyond
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