@benito1 wrote:
Thank you @macuser_22
One quick follow-up question from my end.
Do I do all this under the Roth IRA or under the Traditional IRA?
The initial question I received during the "interview" part is:
"Tell us if you moved the money through conversion:
-
Option 1: I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)
-
Option 2: I converted some or all of it to a Roth IRA
-
Option 3: I did a combination of rolling over and converting some or all of this money
-
Option 4: I didn't rollover or convert this money"
You mentioned I should choose "Did you switch from a Roth to a Traditional IRA - recharacterize" -- but I don't see this option. Which option above is correct?
Thank you!
Those options are in the 1099-R interview. You enter the recharactorization in the *IRA contribution* interview as I posted in the first part of my reply.
**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.**
