Hello Community,
I’m looking for a CPA’s input on the following situation please. I requested a recharacterization last May, but for some reason the investment company did not receive the request when I thought it was delivered. Now I have $3100 in excess 2022 Roth IRA contributions, but I have already contributed $6000 in 2022 to my traditional IRA. Can I recharacterize $3100 of my 2022 traditional contributions to 2023 and then recharacterize the $3100 Roth contributions as a 2022 traditional $3100 contribution? I am trying to avoid a return of excess. Any help to do this legally and legitimately would be greatly appreciated! Thank you!
