My husband contributed $6,000 to his Roth IRA in 2021 and withdrew it (plus earnings) in 2021.
I contributed $6,000 to my Roth IRA in 2021, recharacterized to a regular IRA, and then withdrew it (plus earnings).
I understand that the earnings are taxable income and subject to the penalty (we're under 59.5). However, TT is insisting that the $12,000 is taxable income. However, under the tax code, because we are just unwinding a same-year contribution it should not be. How to I fix this in TT without a manual override?
