The amount recharacterized after December 31 is an "outstanding recharacterization." On the page that asks for you to Tell Us the Value of Your Traditional IRA, TurboTax asks you to enter the actual year-end balance, the amount of any outstanding rollovers and the amount of any outstanding recharacterizations. TurboTax then sums these three entries and puts the result on Form 8606 line 6. Do not sum these entries yourself, let TurboTax do it.
