Thanks for the response. Also, in my case, my IRA provider transferred the stocks from Roth IRA to Traditional IRA during Recharacterization, which was around $5980. So, in this case, my traditional IRA contribution is $5980. And, since it is stock, by the next day when I converted it back to Roth IRA, it gained in value $6060. So, now I am confused as I have converted more than $6000 to ROTH IRA. Should I file an excess return to remove an additional $60? Thank you.
