No, on the “Tell Us How Much You Transferred” screen next to “Amount switched from a Roth IRA to Traditional IRA” you will enter $6,000. The full $6,000 contribution is considered to be recharacterized even when less was actually moved to the traditional IRA because of the loss.
And on the “Roth IRA Explanation Statement” screen you will enter “The original $6,000 minus $728 loss was recharacterized”.
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