Use this form to request one of the following: a Roth Conversion (conversion from a Traditional IRA, Simple or SEP account to a Roth IRA), or a Recharacterization (correct a contribution or conversion from one account to another).
Roth Conversion requests: Complete Section 2
Please note that converting the Traditional IRA, SIMPLE IRA or SEP IRA account to a Roth IRA will be reported both as a distribution on which you may owe income tax and a conversion contribution to the Roth IRA.
Recharacterization requests: Complete Section 3
Please ensure that this recharacterization is legal and is within the time limits imposed by IRS regulations and to report the recharacterization on Form 8606 as required by those regulations.
*** Effective January 1, 2018, pursuant to the Tax Cuts and Jobs Act (Pub. L. No. 115-97), a conversion from a traditional IRA, SEP or SIMPLE to a Roth IRA cannot be recharacterized. The new law also prohibits recharacterizing amounts rolled over to a Roth IRA from other retirement plans, such as 401(k) or 403(b) plans.
You can submit the form by using one of the following methods.
This is the preferred way to complete the form. You can fill out the form online and sign it electronically by DocuSign.
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If you do not submit the form by DocuSign, you can fill out the form manually by downloading the PDF.
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