CORRECTION:  We regret to inform readers of The Baker Bulletin that the recently-distributed Fall 2010 issue contains an error.  On page 4, our article titled “Putting Your IRA to Good Use” implies that income from a Roth IRA conversion in 2010 that is spread out over 2011 and 2012 for federal income tax purposes will be taxed at 2010 rates.  This is incorrect; under current tax law, if the income from a 2010 conversion is reported in 2011 and 2012 it will be taxed at whatever rates are in effect in those years.  We reiterate the statement in the article that readers considering making major gifts to the Judge Baker Children’s Center should consult with their own advisors to determine the income tax consequences.