I am sorry for any confusion earlier. To clarify, the actions I took were as follows:
- Contributed $6,000 to a Roth IRA in 2022.
- Recharacterized the $6,000 contribution and $2,400 earnings from my Roth IRA to a traditional IRA in March 2023 because I was not eligible for a Roth IRA.
- After the recharacterization, my traditional IRA had a balance of $8,400, which made me think that I had over-contributed. So I filled out a removal-excess-form to remove the excess contribution of $2,400 for 2022 from my traditional IRA in one or two days after the recharacterization,, and received $2,400 . This was not a regular distribution, but rather a return of contribution.
Now, I understand that I did not over-contribute to the traditional IRA because of the recharacterization. If I do not reverse the return of contribution, I will be able to convert the entire $8,400 from my traditional IRA back to my Roth IRA.
My question is:
Can I undo the return of contribution, effectively reversing it as if it never happened?
Thank you for your help!
