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When I am amending 2020, after I looked at all the 1099-R for year 2020, there’s a part at the end that asks for the value of my traditional at the end of year 2020. On my 5498 it says $0. However there’s a question under that that says enter any outstanding 2020 rollovers and recharacterizations that we’re not completed until 2021. I did a recharacterization of $1000 ($1000 contributed + $317 gains) in 2021. Do I enter any of the information in the question?
Or is it taken care of when I entered this under “deductions and credits” as instructed. Thanks
March 23, 2022
5:26 PM