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Retirement tax questions
Sorry for the delay-- I've been trying to wrap my head around it. I recharacterized my 2020 contributions to an IRA (from roth) in 2021 because they weren't allowed to be roth. I did it in 2021, but I already listed everything on my taxes for 2020. So do I need to enter these 1099-Rs or do I ignore them? The contributions were for 2020, but I did the recharacterization and the conversion (back to Roth) in 2021. Maybe I only need to do the recharacterization? I'm so confused.
March 14, 2022
8:38 AM