RobertB4444
Expert Alumni

Get your taxes done using TurboTax

The 2020 recharacterization should have been on the 2020 return - even though the form was issued for 2021 (your broker didn't know until 2021).  If you did the first recharacterization for 2020 and didn't enter it on your 2020 return then you should amend the return to show that change.  Only the 2021 amounts (done for tax year 2021) should be entered on the 2021 return.  

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