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Strategies & Market Trends : Roth IRA ideas -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (322)	12/19/1998 9:09:00 PM
From: kendall harmon	Read Replies (1) \| Respond to of 388

I have an important question for the thread about converting from a traditional to a ROTH IRA. To do this, one is limited to 100,000 modified adjusted gross income in order to be eligible. I have spent a bunch of time researching and can find no succinct definition of modified adjusted gross income. Is this income on the bottom front of form 1040, or is it the number on the back, one's taxable income, after schedule A deductions and other standard deductions are removed (if one can/may take them)?

To: Colin Cody who wrote (322)	1/11/1999 10:52:00 PM
From: mod	Read Replies (1) \| Respond to of 388

A friend of mine e-mailed me the following Roth questions, which tax my limited Roth knowledge too far, so I thought I'd throw them out here: << Do you have any definitive info on the estimate tax timing requirements for 1998 conversions? Also, can you go 4 year average while your spouse elects single year treatment? It seems possible that this split option would give you better control over your tax rate in 98 vs 99. I asked my CPA, but he does not know the answer either. I think I am his only customer who did a Roth conversion this year.>>