GeorgeM777
Expert Alumni

Get your taxes done using TurboTax

Following up on the comments from @MinhT1 and @DanaB27, it should be the excess contribution amount, not including the earnings. TurboTax guidance provides the following regarding the screen you are seeing:

 

  1. On the next screen, Tell Us How Much You Transferred, enter the excess contribution amount (don't include earnings or losses)
  2. On the screen, Roth IRA Explanation Statement, enter the original amount plus the amount of earnings or loss that were re-characterized.

Below is a link to the TurboTax article that explains a Roth re-characterization to a Traditional IRA.

 

How do I re-characterize a Roth IRA contribution as a traditional IRA contribution in TurboTax?

@dhuynh44 

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