Thank you for your reply.
A dump question is, what is the difference between recharacterization and conversion? I am getting a bit confused now. If I simply moved my money (contribution plus earnings) from the traditional IRA to ROTH IRA, is that a conversion or recharacterization? I found some people saying that conversion is from traditional IRA to ROTH IRA and recharacterization is from ROTH IRA to traditional IRA.
I only have one 1099-R and the box 2a is exactly as box 1 with box 7 shows "2" (early distribution). In the Turbutax, "Tell Us the Value of Your Traditional IRA", there are 3 question:
Value of your Traditional, SEP, and SIMPLE IRAs on Dec. 31 2021
Outstanding Rollovers
Outstanding Recharacterizations
Should I fill 0 for all three of them?
Thank you again.
