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Recharacterizing Roth IRA contributions made over several dates for 2022
Hello,
I have to recharacterize a total of $6000 of Roth IRA contributions made over several dates during the year. Do I need to create a separate Recharacterization for each contribution date *$2500, $3000, $500)? If so, how does one calculate the earnings or loss (I'm sure it's a loss) on those contributions?
I was able to calculate the total loss for the period from the date before the first contribution to the time I recharacterized... should I just apply the same rate to each contribution?
Thank you very much for any guidance.
‎April 11, 2023
1:46 PM