Hello all,
My husband and I both maxed out Roth IRAS for 2021. At the end of 2021, we realized we were over the income limits for contributing to a Roth. We had our contributions for 2021 recharacterized into a Traditional IRA. Well, I got a 1099R for my recharacterization and my husband got nothing from Schwab. My IRA is with a different company. We don’t know what to do about his recharacterization on our 2021 tax return if anything. Help?
