What RECHARACTERIZATION means: Recharacterization is the process of changing the character of a traditional IRA contribution to a Roth IRA contribution or vice versa.
- Definition Recovery Of Cost:
- Dictionary paid for income received--usually a factor only in income from sales of items purchased for resale, income from sales of property, and income from pensions or annuities. The portion of income that recharacterization definition.
- Definition Reinvested Dividends:
- Dictionary Earnings that the shareholder has accepted as additional shares of stock rather than as cash. They are taxable in the year constructively received recharacterization explain.
- Definition Rollover:
- Dictionary The tax-free transfer of an employer plan distribution to another employer plan or to a traditional IRA, or the tax-free transfer from one IRA to another or to an eligible employer plan recharacterization what is.
- Definition Recovery:
- Dictionary deduction or creditable expense paid in a previous year that is later refunded to the taxpayer. The recovered amount must usually be included in income in the year it is received, to the extent of recharacterization meaning.
How works Recharacterization meaning in Tax definitions R .
