Hello.
I have this situation:
During 2021 I made contributions to a Roth IRA.
In Feb 2022 I learned I exceeded the income limit to contribute to a Roth during 2021 so I recharacterized the Roth contributions to Traditional IRA.
I believe I reported the recharacterization correctly in my TurboTax 2021 federal return. (2021 Form 8606, line 1 reports traditional IRA after tax contributions.)
Later in 2022 I did a backdoor conversion from the Traditional to a Roth IRA.
My IRAs are with Vanguard and I downloaded two 1099Rs this year, one for the recharacterization and the second for the backdoor conversion.
The 1099R for the recharacterization reports
Line 1 Gross distribution $8100
Line 2a Taxable amount $0
Line 7 Distribution codes(s) R
IRA/SEP/Simple ( )
Line 16 State distribution $8100
In doing my taxes in TurboTax for 2022 I went through a Q&A regarding the recharacterization 1099R and got to a screen that says I may need to file an amended return for 2021.
Can someone tell me if an amended return for 2021 is required in my case? I've read several discussions and it seems like I just ignore the recharacterization 1099R.
(I have completed TurboTax for the 1099R for the backdoor conversion per other discussions and I seem to have done that correctly.)
Any help would be appreciated! Thank you!
