Bichon Frise wrote:
Would adding to a normal IRA to drop your AGI help?
small chance that would work. The OP would have to be one of the very small minority who isn't covered by a plan at work.
I just joined a small family business that doesn't offer a 401k. What would happen if I just sold this years contributions? But then again, I've already been mailed my contribution notice from Scottrade. Is that in concrete as far as the IRS knows. Taxes are fun.
were you eligible at anytime in 2012 for an employee sponsored plan?
You need to recharacterize. don't sell. Nothing is concrete as far as the IRS is concerned. if you file for an extension, you have until 10/15 to recharacterize.