A recharactorization of a 2020 contribution is still a 2020 contribution treated as if the origination contribution had never happened and it was to the other IRA instead. It would no longer be deductible. There is no tax on a contribution. Now if you *convert* the Traditional IRA to a Roth in 2021, then that will be a taxable Traditional IRA distribution/conversion.
**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.**
