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Get your taxes done using TurboTax
Yes, it was the same 1099-R. I simply wanted to remove anything to do with the IRAs and start again.
Is it normal to get the tax credit for Traditional IRAs even when doing a conversion? Seems like someone could get quite the tax break if they converted a maxed out traditional to Roth.
If actually meant to recharacterize and not convert but I think my brokerage misunderstood me.
This is all still new to me but I'm learning. Thanks for all the help!
‎August 5, 2020
5:50 AM