Yes, sounds like you are being taxed twice. If you manually entered the conversions then downloaded the forms 1099-Rs then the transactions are entered twice. Because the Form 1099-R is used to report distributions/recharacterizations, that download recorded the transactions again on your tax return.
To fix this, you can delete either your manual entries or the downloaded forms 1099-R. Here is how:
To delete an income item, I suggest deleting your manual entries, follow the steps below.
- Open or continue your return.
- From the menu, select Federal.
- Select Wages and Income.
- On the Wages and Income screen select the Edit button next to the item you want to delete.
An IRA recharacterization treats a contribution made to one type of IRA as having been made to a different type of IRA. For more information use this link: What is an IRA Recharacterization
For additional information, click this link: Now Everyone Can Convert to a Roth
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