DanaB27
Expert Alumni

Get your taxes done using TurboTax

Can you check your statement how much was transferred into the traditional IRA from the Roth IRA when you recharacterized the $3,000? If you transferred more than $3,000 then you had a gain and if you transferred less than $3,000 then you had a loss.

 

Yes, after a few more screens you will get  the penalty screen where you can enter the Roth IRA contribution amount that you withdrew before the due date.

 

I’m sorry for your loss. 

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