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Reporting IRA recharacterization when form 1099-R not available yet
I made $3000 contributions to my Roth IRA for 2021 throughout the year 2021 and then realize that I won't qualify due to income limit.
I recharacterized all of that $3000 (with loss) to Traditional IRA on Feb 14, 2022, but form 1099-R won't be available until 2023.
I tried to enter that recharacterization into TurboTax 2021, but it then asks me for the info on form 1099-R, which I don't have.
What should I do?
March 22, 2022
4:22 PM