For 2023 Line 1 should be $3,000 (the original Roth IRA contribution amount that was recharacterized without earnings). The earnings are deemed to have been earned in the traditional IRA since you recharacterized the contribution.
For 2024 Line 1 should be $3,000 ($250 original Roth IRA contribution that was recharacterized without earnings plus $2,750 direct traditional IRA contribution).
Line 2 should be $3,000.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
