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March 3, 2009

How do I calculate the NIA on the amount being recharacterized?

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How do I calculate the NIA on the amount being recharacterized?

How do I calculate the NIA on the amount being recharacterized?

Check with your IRA custodian to determine if they will assist you with the calculation. If not, use the IRS provided formula available in TD 9056 which is available at http://www.irs.gov/pub/irs-regs/td9056.pdf

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