vikalp
New Member

Retirement tax questions

I have similar situation.

I filed my 2022 tax return with Turbotax and took Traditional IRA deduction. Those funds were recharacterized from my Roth IRA. I did answer the questions on Turbo tax about how I am funding it with Roth recharacteization but in file return PDF, I don't see any mention of that.

Now I have got the form 1099-R with R code in box 7. So do I need to amend my 2022 return or how do I report this form in 2023 return.

I had no taxable income.