I have a very similar situation: a 1099-R for year 2020, except the code in box 7 is R (an overpayment to a Roth IRA was recharacterized as a contribution to a traditional IRA). When I enter it in my 2020 return, I get a message that I should amend my 2019 return. The taxable amount in box 2a is 0.00 and the statement from my financial institution says that the recharacterization resulted in a loss, so presumably I would have no tax liability. Do I still need to amend my 2019 return?
Thanks
