In an editorial in the same journal, researchers describe how opioid painkillers like Vicodin and Percocet have become increasingly common without good evidence that they help patients in the long run.
One of the main reasons that people choose to recharacterize a Roth IRA back into a Traditional IRA is because their investments have suffered serious losses since their conversion. For example, if you have a Traditional IRA with a balance of $100,000 that you converted into a Roth IRA, you owe taxes on that conversion.here are several reasons that you may want or need to recharacterize an IRA contribution. Your contribution may benefit from a recharacterization if the value of your investments has declined since the time you made the conversation from Traditional IRA to a Roth.
Contributions to a Roth IRA has no effect on your tax return at all. Pub 590 says that you can contribute for a non-working spouse. you can contribute $8,000 if your are and she are under 50 for both of you, $10,000 if you are both over 50. That is if you file a joint return.http://www.irs.gov/publications/p590/ch0...eport Abuse. You dont have to report your Roth contributions on your tax return. But, dont forget about the Retirement Savings Contribution Credit on Line 53 of the 1040. You should be able to find the answers to your Spousal IRA questions at the link below.