I contributed $7,000 in 2022 to Traditional Non Deductible IRA. By the time I recharacterized it to Roth IRA, its value dropped to $5,800. How I understand, I should be able to recognize the loss of $1,200, but TurboTax considers $1,200 as the balance of Traditional IRA. How should I enter data in TurboTax to see the loss? Thank you.
