Thanks for the quick response. Are the instructions you just shared for how to report the $240 on this years taxes?
Here's where I am getting confused: You said "1099-R 2020 with code R-Recharacterized IRA contribution made for 2019 belongs on the 2019 return and is for the recharacterization."
So does that mean I am supposed to ignore 1099-R 2020 on this years taxes?
