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Retirement tax questions
That is entirely possible depending on when yiu added the recharacterization and when you imported from 2019. Imported data must always be checked and corrected if necessary. That is why the 2020 1099-R in interview asks for the 2019 or earlier basis and if not correct allows you to change it to the correct mount.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎February 23, 2021
9:04 AM