Yes, the reason to amend your 2021 tax return would be to correct the $360 penalty.
You stated you entered the following in TurboTax for 2021:
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
The amount recharacterized would be $6,000
The amount transferred would be $6,294.16
The amount of the original Roth contribution should be entered - not any earnings or losses.
Click here for additional information on amending your federal tax return for a prior year.
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