TMNT
Returning Member

Deductions & credits

I GREATLY appreciate your patience and assistance here.

 

So I actually did report that in my 2021 return:

 

Date of the Original Contribution: 2021
Date of the Recharacterization: 02/04/2022
The Amount Recharacterized: $6294.16
The Amount Transferred (Recharacterization plus earnings or losses): $6294.16
Reason for the Recharacterization: Excess Contribution

 

But I also got charged $360:

Total excess contributions. . . . . . . . . . . . . . . . . . . 24 $6000
25 Additional tax. Enter 6% (0.06) of the smaller of line 24 or the value of your Roth IRAs on December 31,
360. 

 

So since I did actually report the $6000 recharacterization do I need to amend? Would the reason for the amendment be strictly to try to get that $360 back, not because I did something wrong?