I'm trying to recharacterize a ROTH IRA to traditional that's never been a traditional IRA. Seems like the rules only apply if this was a converted account (traditional) and not a ROTH to begin with? Anyone have any clue if it's possible to recharacterize an IRA that's always been a ROTH?
Please don't do that! Your Roth is better than a standard IRA because you have already paid your taxes on it. Why would you want to do that?
Seems like you should be able to if you are just talking 2016 and you are going to pay the taxes, same taxes you would have paid if only the IRS had a heart, a brain and less courage.