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Get your taxes done using TurboTax
Thank you.
I think I am confused by the differences between recharacterization and conversion. TT seems to imply that a back door Roth is a recharacterization since it occurred in the same year as the Traditional contribution, but the form from my broker says it is a conversion. TT handles a conversion without any penalty or additional tax language.
‎February 9, 2021
11:37 AM