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Get your taxes done using TurboTax
Yes, if you received another 2023 Form 1099-R then you will enter this on your 2023 tax return. But you can ignore the 2023 Form 1099-R with code R for the recharacterization.
If you converted the funds in 2023 and received a 2023 Form 1099-R then please follow the steps 2 instructions from this FAQ: How do I enter a backdoor Roth IRA conversion?
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March 23, 2024
9:42 AM