I need to recharacterize $18k (back to a Traditional IRA) of the $30k that I converted from a Traditional IRA to a Roth in 2017.
When I enter $18k in the field "Outstanding characterizations" on the "Tell Us the Value of Your Traditional IRA" page it reduces the amount of Tax Due by just a few dollars. When I modify the 1099-R form to be $18k less I get a much greater reduction in Tax Due, which is what I would expect. I would expect the same result when I enter $18k in the field "Outstanding characterizations".
Is there somewhere else in Turbotax that I should enter the amount that I want to recharacterize?
