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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Spots who wrote (2233)	7/1/1999 3:45:00 PM
From: mod	Read Replies (1) \| Respond to of 5810

Spots, As someone who did a Roth rollover last year (and am up almost 100% in that account, so I am very happy I did so), I can say that unearned income does count in the income limit for rollovers, if not regular contributions. I had to be very creative last year to make sure I wouldn't exceed the limit (taking losses, deferring gains). I have started using my Roth to make direct investments in early stage private internet companies through private placements. The kind of deals where I will either lose all my money or make 20x. I don't really want to make those kind of investments in my regular SEP-IRA, because the gains will be taxed as ordinary income even though they are always long-term capital gains. mod