Thanks for this info. This deviates a little bit (I think) from what TIAA told me. They said they can do the necessary calculations and that I'd report the $2400 + any earnings as being recharacterized. So, I would in essence be recharacterizing more than $2400. Maybe I misunderstood them.
In turbo tax it would appear I put $2400 down as the amount recharacterized and then I put a different amount in for what I transfer from Roth to Traditional (this is what you are telling me I believe).
I guess I need to clear things up with TIAA. Sounds like I fill out the necessary recharacterization form for $2400, get the appropriate calculations, and then transfer from the Roth to the IRA the appropriate amount.
