First, I had an excess contribution to a Roth, but I ALSO had to re-characterize a separate amount to a traditional IRA so I could take that deduction. Both completed on time. I want to enter everything correctly, so can somebody walk me through Turbotax to make sure I show actual (either total minus excess or just final) Roth contribution, minus excess removal, plus IRA contribution plus re-characterization? To clarify, both Roth and traditional had regular contributions and the Roth still has a contribution after both the excess removal as well as the re-characterization. I hope I'm explaining this well enough.
