I'd like to know how to specifically handle the situation of:
Recharacterizing from a Roth IRA into a traditional IRA (due to income limits, full $7000 plus spousal IRA too). Both gained earnings, say to $8000 each. Then Use the Backdoor to move the $8000 into a Roth IRA.
Instructions on how to do this are lacking or non-specific here in this help. Also, I need to figure out why TT is not filling out the 8606 for me to file. It seems like its in a loop.
I have the 1099-Rs inputted, that's easy, but cannot figure out how to use the Retirement section correctly to get results.
