Retirement tax questions

Thank you for the clarification. 

No, you will not have any excess contribution since you recharacterized your Roth contribution as a traditional IRA contribution. You do not have to pay the 6% penalty.  Also, there is no tax or penalty on the earnings since the earning will be simply switched into the recharacterized account. 

You will enter the recharacterization when you enter the contribution to the Roth IRA and make the contribution nondeductible (if you have a work retirement account and are above the limit it will be automatically nondeductible and TurboTax will tell you your deduction is $0):

1. Login to your TurboTax Account 
2. Click on "Search" on the top right and type “IRA contributions”
3. Click on “Jump to IRA contributions"
4. Select “Roth IRA”
5. Answer “No” to “Is This a Repayment of a Retirement Distribution
6. Enter the Roth contribution amount $6,000
7. Answer “Yes” to the recharacterized question on the “Did You Change Your Mind?” screen and enter the contribution amount $6,000 (no earnings or losses)
8. TurboTax will ask for an explanation statement where it should be stated that the original $xxx.xx plus $xxx.xx earnings (or loss) were recharacterized.
9. On the screen "Choose Not to Deduct IRA Contributions" answer "Yes"

You will get two 1099-R in 2022 for 2021.

One 1099-R will be for the conversion and will be entered next year on your 2021 tax return:

1. Login to your TurboTax Account 
2. Click on "Search" on the top right and type “1099-R”
3. Click on “Jump to 1099-R”
4. Click "Continue" and enter the information from your 1099-R
5. Answer questions until you get to “Tell us if you moved the money through a rollover or conversion” and choose “I converted some or all of it to a Roth IRA”
6. On the "Your 1099-R Entries" screen click "continue"
7. Answer "yes" to "Any nondeductible Contributions to your IRA?" 
8. Answer the questions about the basis

The second 1099-R will be for the recharacterization with code R-Recharacterized IRA contribution made for 2020 and this belongs on the 2020 return. But a 1099-R with code R will do nothing to your return. The box 1 on the 1099-R will report the total recharacterized amount (contribution plus earnings) but it does not separately report the earnings and box 2a must be zero.

Since you did not make an actual withdrawal of excess contribution you will not get a 1099-R with codes P and J and you can ignore the instructions in the previous post.