I did some search and understood that TurboTax supports reporting recharacterization and backdoor conversion, but I would like to double check what I did specially is also supported:
March 2025: contributed directly $7000 to Roth IRA for year *2025*.
April 10 2025: called the custodian for recharacterization into TIRA. At the time of recharacterization there was 25 dollars earnings so total of $7025 was recharacterized. I then converted $7000 on this day to make it backdoor Roth. So that leaves $25 dollars in my TIRA account.
4/16/2025. I then realized that it would have been a mess if I leave the $25 in the TIRA so I converted the remaining $25 to Roth effectively empty out my TIRA.
I am assuming I will receive 3 1099R in 2026 for year 2025?
is reporting my above recharacterize and conversion supported in TurboTax? Specifically do the two conversions ($7000 first and then another $25) to Roth IRA make reporting complicated in anyway?
thank you
