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Am I correct that a 1099-R received in Jan 2022 for a Roth recharacterization made in Feb 2021 and on my 2020 tax return is left off my 2021 return?
Part of my Roth contribution for 2020 was recharacterized to a non-deductible IRA.
The recharacterization was dealt with on my 2020 tax return so I believe there is no need to enter the 1099-R into Turbotax for the 2021 tax year.
The recharacterization was dealt with on my 2020 tax return so I believe there is no need to enter the 1099-R into Turbotax for the 2021 tax year.
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‎February 22, 2022
10:42 PM