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Retirement tax questions
Yes, if you recharacterized the 2020 contribution in 2021 then you will get the 2021 1099-R in 2022 with code R. You can ignore the 1099-R with code R, since you reported the recharacterization on your 2020 return. The 1099-R with code R will do nothing on your return, you can only report the recharacterization as mentioned above.
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‎April 25, 2021
5:06 AM
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