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@DanaB27 Thanks Dana
I’m slowly getting there; I’m just trying to understand more. I also received a 2020 1099-R for my Roth account with an amount of $1200 with taxable amount $0 and box 7 = N for a recharacterization. On my 5498 for the same year for my traditional IRA it says recharacterized contribution of $1200. I received these notices January of 2021, we’ll before I actually Did the recharacterizations we have been talking about this whole time.
Im going to call my institution on what the heck this is bc I don’t remember doing anything of this sort in 2020, however, just for my info where could this 1099-R come from?
March 29, 2022
7:04 AM