Hello and thank you for the quick/helpful reply!
Because I contributed after-tax dollars to the 2020 Traditional IRA, if I recharacterize that to a 2020 Roth IRA, and there wasn't really any gains/losses (it grew from $7000 to $7000.01 because it was just in a savings/money market), am I still going to either pay a penalty/or taxes? (even though the original $7000 contribution was after tax dollars)
Thanks again!
