Box 1 and 2A are $14455.24. Box 2b is checked and the IRA/SEP/SIMPLE is as well. Distribution code is 2.
In 2023 I contributed the full $6500 into a Roth. Later I realized I had to much income and recharacterized to traditional in 2024 (before filing 2023 taxes). No deductions taken for any of the contributions
On top of the 1099-R I am mentioning, I do also have another for the recharacterization with 7440.63 in box 1, 0 in box 2a, unchecked box 2b, distribution code R.
My 1040 shows my taxable amount on IRA distribution to be 7440.63
