@DanaB27
When I converted from traditional to Roth, I originally contributed $2000 and did a conversion right away as to not incur any gains. I’m assuming the $2203 is bc $203 is from gains in the Roth? However as I stated I converted right away so do I still put $2203 total converted?
On another note, when I recharacterized $1000 that I contributed to Roth back to traditional, it ended up gaining $317 so the total I recharacterized back to traditional was $1317. However, when it asks “how much of the $1000 contributed to Roth did I recharacterize to traditional, do I put $1000 (what I contributed).
Finally, when I add my 1099-R from 2021 recharacterization to the amended 2020, do I enter it as listed above under “deductions and credits” or do I add it to “wages and income” under “add a 1099-R?
thank you!
