Thank you! This is really helpful!
Just to confirm:
- I have 2 IRA accounts, a traditional and a Roth. But I should only select the "Roth IRA" account in Traditional and Roth IRA Contributions”.
- I have 1 recharacterization and 1 conversion for tax year 2022
1. Roth IRA>Trad IRA Dec 2022, w 1099-R form and
2. Trad IRA>Roth IRA same amount, April 2023 no form
but I only file the recharacterization for 2022, and the conversion will be filed in my 2023 tax returns.
Is that correct?
