JZ
Jianzhi Education Technology Group Company Limited
stock NASDAQ ADR

Welcome to our Reddit community, u/JZ_18_. Recharacterizations and Roth conversions can be tricky, especially if it's your first time with either, and you've come to the right place for answers to your questions and resources to turn to next. I'll cover how recharacterizations work first, and then we'll move on to Roth conversions.
To begin, let's ensure we're on the same page. Recharacterizations allow you to switch contributions from a Roth to a Traditional IRA, or vice versa. The deadline to complete a recharacterization is your tax filing deadline; however, recharacterizations are reported in the year you recharacterize. You can begin the process online at Fidelity.com (I'll share the link below). Earnings and losses must be included for the IRS, but don't worry, Fidelity will assist you with those calculations as you complete the online form.
[Recharacterize an IRA contribution](https://www.fidelity.com/retirement-ira/recharacterize)
Now let's move on to a backdoor Roth conversion. A backdoor Roth conversion is accomplished by making nondeductible contributions—or contributions on which you do not take a tax deduction—to a traditional IRA and then converting those funds into a Roth IRA. It's different from a traditional Roth conversion, which is the transfer of tax-deductible contributions in a traditional IRA to a Roth IRA.
[Backdoor Roth IRA: Is it right for you?](https://www.fidelity.com/learning-center/personal-finance/backdoor-roth-ira)
Roth conversions, including backdoor conversions, can also be completed online. I'll share another link that you can use to complete a Roth conversion through Fidelity.com:
[Convert to a Roth IRA ](https://www.fidelity.com/retirement-ira/roth-conversion-checklists)
Before wrapping up, let's cover a couple of the additional backdoor Roth conversion-related topics you raised. First, you asked about the pro-rate rule. If you hold both pre-tax and after-tax (nondeductible) money in your Traditional IRA, the conversion to a Roth IRA will be a taxable event because the conversion will consist of a pro-rata recovery of both taxable and nontaxable accounts. No provision under the law allows an individual to isolate only the nondeductible dollars for conversion to a Roth IRA. The portion of the IRA distribution that will be treated as nontaxable is determined by using the following formula:
(Total Nondeductible Contributions / Total non-Roth IRA Balances)
Last, let's touch on deadlines. While the deadline to contribute to an IRA (and to complete a recharacterization) is the tax filing deadline, conversions can be completed at any time and in any amount. Additionally, conversions are taxable for the year in which they occur. For example, a contribution made to a Traditional IRA in 2025 may be converted to a Roth IRA in 2026, but the conversion will be reported for 2026.
As always, the ultimate source of answers for questions related to your personal tax situation and liability is a licensed tax professional. Since Fidelity doesn't provide tax advice, we suggest speaking with a tax advisor regarding any concerns.
Finally, while the decision (for the upcoming year) to either contribute the full amount at once or contribute portions over the year is up to you, we do support a recurring investments feature that allows you to automate transfers and investments on a customizable schedule, if you decide to go that route. You can learn more here:
[Recurring Investments](https://www.fidelity.com/trading/recurring-investments)

I know that was a lot of information to start with, so please feel free to follow up with any additional questions or let me know if I missed anything. If you're set for now, be sure to visit the sub again sometime. Our Mod team is always happy to help!

Correct.
Here is former FBI Director, Christopher Wray, bullshitting Congress about Epstein. Watch his blink rate increase significantly. Scared face at the end.
https://youtu.be/-j6Y1jnVR8E?si=SOcPm6FIO1W-oqy9
Former Director Wray was named in these lawsuits alleging that Diddy was moving kids across the Mexican border with the help of director Wray.
https://www.hindustantimes.com/entertainment/music/diddy-named-in-666-000-lawsuit-filed-by-imprisoned-cartel-member-over-drug-business-50-cent-reacts-101724257397906.html
Diddy/JZ and Epstein allegedly had a business partnership according to the civil lawsuit brought by Beyonces former employee: Latham v 1953 Tr.
https://www.documentcloud.org/documents/20458349-charlene-latham-v-mark-epstein-1953-trust/

Welcome to our Reddit community, u/JZ_18_. Recharacterizations and Roth conversions can be tricky, especially if it's your first time with either, and you've come to the right place for answers to your questions and resources to turn to next. I'll cover how recharacterizations work first, and then we'll move on to Roth conversions.
To begin, let's ensure we're on the same page. Recharacterizations allow you to switch contributions from a Roth to a Traditional IRA, or vice versa. The deadline to complete a recharacterization is your tax filing deadline; however, recharacterizations are reported in the year you recharacterize. You can begin the process online at Fidelity.com (I'll share the link below). Earnings and losses must be included for the IRS, but don't worry, Fidelity will assist you with those calculations as you complete the online form.
[Recharacterize an IRA contribution](https://www.fidelity.com/retirement-ira/recharacterize)
Now let's move on to a backdoor Roth conversion. A backdoor Roth conversion is accomplished by making nondeductible contributions—or contributions on which you do not take a tax deduction—to a traditional IRA and then converting those funds into a Roth IRA. It's different from a traditional Roth conversion, which is the transfer of tax-deductible contributions in a traditional IRA to a Roth IRA.
[Backdoor Roth IRA: Is it right for you?](https://www.fidelity.com/learning-center/personal-finance/backdoor-roth-ira)
Roth conversions, including backdoor conversions, can also be completed online. I'll share another link that you can use to complete a Roth conversion through Fidelity.com:
[Convert to a Roth IRA ](https://www.fidelity.com/retirement-ira/roth-conversion-checklists)
Before wrapping up, let's cover a couple of the additional backdoor Roth conversion-related topics you raised. First, you asked about the pro-rate rule. If you hold both pre-tax and after-tax (nondeductible) money in your Traditional IRA, the conversion to a Roth IRA will be a taxable event because the conversion will consist of a pro-rata recovery of both taxable and nontaxable accounts. No provision under the law allows an individual to isolate only the nondeductible dollars for conversion to a Roth IRA. The portion of the IRA distribution that will be treated as nontaxable is determined by using the following formula:
(Total Nondeductible Contributions / Total non-Roth IRA Balances)
Last, let's touch on deadlines. While the deadline to contribute to an IRA (and to complete a recharacterization) is the tax filing deadline, conversions can be completed at any time and in any amount. Additionally, conversions are taxable for the year in which they occur. For example, a contribution made to a Traditional IRA in 2025 may be converted to a Roth IRA in 2026, but the conversion will be reported for 2026.
As always, the ultimate source of answers for questions related to your personal tax situation and liability is a licensed tax professional. Since Fidelity doesn't provide tax advice, we suggest speaking with a tax advisor regarding any concerns.
Finally, while the decision (for the upcoming year) to either contribute the full amount at once or contribute portions over the year is up to you, we do support a recurring investments feature that allows you to automate transfers and investments on a customizable schedule, if you decide to go that route. You can learn more here:
[Recurring Investments](https://www.fidelity.com/trading/recurring-investments)

I know that was a lot of information to start with, so please feel free to follow up with any additional questions or let me know if I missed anything. If you're set for now, be sure to visit the sub again sometime. Our Mod team is always happy to help!

Correct.
Here is former FBI Director, Christopher Wray, bullshitting Congress about Epstein. Watch his blink rate increase significantly. Scared face at the end.
https://youtu.be/-j6Y1jnVR8E?si=SOcPm6FIO1W-oqy9
Former Director Wray was named in these lawsuits alleging that Diddy was moving kids across the Mexican border with the help of director Wray.
https://www.hindustantimes.com/entertainment/music/diddy-named-in-666-000-lawsuit-filed-by-imprisoned-cartel-member-over-drug-business-50-cent-reacts-101724257397906.html
Diddy/JZ and Epstein allegedly had a business partnership according to the civil lawsuit brought by Beyonces former employee: Latham v 1953 Tr.
https://www.documentcloud.org/documents/20458349-charlene-latham-v-mark-epstein-1953-trust/