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I received a Recategorize "R" coded 1099 R for 2021
I am currently doing my 2021 tax through turbotax premier, haven't submitted yet. I received a Recategorize "R" code 1099 R for 2021, total $9758 in box 1, "R" coded, it was due to the Roth IRA recategorize to Rollover IRA ( I contributed to Roth in 2020 but my income was over the limit and I was also filing married separately). I had it undone in 2021 through my brokerage and I received the Recategorize "R" code 1099 R for 2021 last month. Does that mean I need to amend my 2020 tax? Can I still file my 2021 tax, or should I amend 2020 before I file 2021 tax?
Thank you
March 9, 2022
9:10 AM