I recharacterize my ROTH IRA contribution to a Traditional IRA contribution but I didn't deduct that contribution to my 2019 tax return. Should I still send a form 8606 to specify that it is a non-deductible contribution? If so, do I need to send an amendment to my 2019 tax return and is there a deadline for filing that amendment? How much will be the penalty for not passing a form 8606?
Thank you so much!
