hsquared
New Member

How to file a recharacterization to backdoor RothIRA ?

Hi!

In 2024, I was looking to do a backdoor Roth in Vanguard but I made a huge mistake - I accidentally opened a RothIRA and contributed $7000 to it (my income is over the limit), when I meant to open a traditional IRA to then backdoor into a Roth. 

I believe I ended up recharacterizing the RothIRA to a  traditional IRA. Then I made a new empty RothIRA and I completed the backdoor. 

Unfortunately, this makes my tax filing for 2024 a bit messier. My question is - how would I go about filing my taxes with this recharacterization on Turbotax? A million thank yous for your help!!!