I did recharatcerization from Roth IRA to Traditional IRA. The original contribution is $3200; recharacterization amount is $3585. Once it is in traditional IRA, I recharacterized to Roth. I also did another $2800 from Traditional IRA to Roth IRA. I followed steps in turbox to file nondeductible contributions but 8606 form is not generated correctly. Please help me fix it.
Steps I did in turbotax
1. select Traditional IRA and Roth IRA
Traditional IRA
2.Repayment -> No
3.Total 2020 Traditional IRA contribution -> $2800, 0 contribution for 2020 in 2021
4.Tell Us How much of $2800 transferred -> 2800 (But actually I transferred $6385 in total. But if I put $6385, 8606 is not generated)
5. Excess contribution before 2020 -> No
6. Any Non-Deductible Contributions to Roth IRA -> Yes
7. Total Basis as of Dec 31, 2019 -> 0
Roth IRA Contribution
1. Roth Contribution -> $3200
2. Amount switched from Roth IRA to Traditional IRA ->$3585
3.Did you open account before 2020 -> Yes
Now 8606 form
line 1 $3585
line 2 0
line 3 $3585
line 14 $3585
I tried it all night, still not sure how to fix it
