I recieved a 1099-R with Code R for 2023 tax year.
I found that code R means that "Over contribution in 2022 was recharacterized in 2023".
I do not believe I reported anything about this on my 2022 tax return. When I did the recharacterization with the investment firm, they told me I didn't need to file anything about it on my tax return that year, so I didn't. Do I need to ammend my 2022 tax return with the Form 8606 explaining the recharacterization, along with the form 1099-R from 2023? Or do I put the 1099-R into this years (2023) tax return?
I'm really confused on how this is supposed to be filled out.
