7k was taken from a bank account and put into a Trad IRA in 2021, that 7k was moved to Roth. Now understanding that 7k is too much she is moving 1k back to Trad IRA. Going to re characterize that 1k today.
1099-r was correct at 7k since 7k was moved from trad to roth in 2021.
I assume we need to show 1/7th loss/gains on the 1k we are moving back?
