Comments for Schutte & Hilgendorf - Prescott Accountants http://prescottaccountants.com Experienced Accounting, Audit, and Tax Preparation Thu, 06 Jan 2011 16:56:56 +0000 hourly 1 http://wordpress.org/?v=3.0.4 Comment on Is Converting to a Roth IRA Right for You? by Gidget Schutte http://prescottaccountants.com/is-converting-to-a-roth-ira-right-for-you-2/comment-page-1/#comment-644 Gidget Schutte Thu, 06 Jan 2011 16:56:56 +0000 http://prescottaccountants.com/?p=207#comment-644 Hi Bob, We have not seen anything that would indicate that AZ is not allowing the 2 year deferral of taxes on a Roth conversion made before December 31, 2010. There are no adjustments on the Arizona return to add it back at all either. So, yes, you will be allowed to defer the tax for AZ as well. Hi Bob,
We have not seen anything that would indicate that AZ is not allowing the 2 year deferral of taxes on a Roth conversion made before December 31, 2010. There are no adjustments on the Arizona return to add it back at all either. So, yes, you will be allowed to defer the tax for AZ as well.

]]> Comment on Is Converting to a Roth IRA Right for You? by Bob Cree http://prescottaccountants.com/is-converting-to-a-roth-ira-right-for-you-2/comment-page-1/#comment-628 Bob Cree Tue, 04 Jan 2011 05:11:53 +0000 http://prescottaccountants.com/?p=207#comment-628 Will Arizona allow me to defer the tax on a traditional IRA that I converted to a Roth IRA in 2010 like the Feds will--that is spread the tax over 2011 and 2012? Or will it all be due with the 2010 Arizona income tax. Thanks in advance for your advice. Will Arizona allow me to defer the tax on a traditional IRA that I converted to a Roth IRA in 2010 like the Feds will–that is spread the tax over 2011 and 2012? Or will it all be due with the 2010 Arizona income tax.

Thanks in advance for your advice.

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