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Yes, I was referring to that the recharacterization belongs on the 2020 return but you do not need to enter Form 1099-R with code R because you report a recharacterization as mentioned in the steps above. Entering a Form 1099-R with code R will not make any changes to your return.

To fix the entries on Form 8606 you will enter your nondeductible IRA contribution under Deductions& Credits. If you only had the recharacterization then just make sure to make it nondeductible in Step 9 in the instructions above (or it will be automatically nondeductible if you had a retirement plan at work and too much income).

If you had additional traditional IRA contributions you will enter them when you enter the recharacterization:

1. Login to your TurboTax Account 
2. Click on "Search" on the top right and type “IRA contributions”
3. Click on “Jump to IRA contributions"
4. Select "traditional IRA"
5. Select “Roth IRA”
6. Answer “No” to “Is This a Repayment of a Retirement Distribution
7. Enter the traditional IRA contribution amount 
8. Answer “No” to the recharacterized question on the “Did You Change Your Mind?” screen
9. Answer “No” to “Is This a Repayment of a Retirement Distribution
10. Enter the Roth contribution amount 
11. Answer “Yes” to the recharacterized question on the “Did You Change Your Mind?” screen and enter the contribution amount (no earnings or losses)
12. TurboTax will ask for an explanation statement where it should be stated that the original $xxx.xx plus $xxx.xx earnings (or loss) were recharacterized.
13. On the screen "Choose Not to Deduct IRA Contributions" answer "Yes" (if you are thinking about doing a backdoor Roth. If you have a retirement plan at work and are over the income limit it will be nondeductible automatically and you only get a screen saying $0 is deductible)