Jane (49) contributed $7,000 to her traditional IRA on November 11, 2019. She comes into your office in February of 2020. As one's tax preparer, Question 6 of 30. what should you do? Advise her to recharacterize $1,000 of the contribution (and any associated earnings) to a Roth IRA. Advise her to withdraw $1,000 (and any associated earnings) prior to her filing deadline (including extensions). File Form 8606 with her return to report basis for the $1,000 of nondeductible contributions. Ask her questions to determine whether any penalty exceptions apply. 2019 buvo Mark for follow up