@macuser_22 Thanks for the quick response. The additional $5000 was for 2019 and was entered in my 2019 return, along with the $1000 recharacterization. Form 8606 line 14 of my 2019 return shows $6000. I entered this in my 2020 questions when I asked if I had tracked non-deductible contributions from prior years. But I'm still getting Line 4b taxable amount at $5024 instead of $19.
Also, 2019 was the first year I had a traditional IRA. I have no other traditional IRA accounts (nor SEP & SIMPLE IRAs) and all the contributions that I have ever made to to the traditional IRA have been non-deductible.
I have contributed another $6000 (non-deductible) to my traditional IRA for 2020 (but I did this in February 2021) and have also included this contribution in my 2020 return. I expect that Form 8606 line 14 of my 2020 return should also be $6000 for this 2020 year. Since I "backdoor'd" this 2020 contribution to a Roth IRA in February 2021, I will have to repeat whatever I do this year in the Turbo Tax software again next year. Fortunately, I did this "backdoor" when the value was still $6000, so no growth. Thus, I will expect 1040 Line 4b to show $0 next year for my 2021 returns.
To make this simpler in the future, I have also already contributed $6000 to my traditional IRA for 2021 and "backdoor roth'd" it before it saw any growth. I plan to make all contribution and 'backdoor' movements in the corresponding calendar year for all future years as this has been difficult and time consuming for my to figure out.
