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Retirement tax questions
It depends. The 2022 tax return was completed correctly, however the transaction of the Roth recharacterize did take place in 2023 which means there was also accrued interest earnings removed and must be reported on the 2023 tax return.
If you are not required to file because you have no other taxable income you can keep it with your tax files should you have questions later. The following links will allow you to view the filing requirements.
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‎January 20, 2024
3:24 PM