Thanks for the updated response. @DianeW777
1) To confirm, the 2022 tax return was accurate? The previous response seem to suggest I made an error in the 2022 tax return.
2) So, if the re-characterization and conversation for backdoor is a clean conversation (without gain/loss), the total basis on line 14 would have been zero. But because I had a loss, my 2022 line 14 was 202.
3) Could this error that Turbotax did not transfer the right amount from my 2022 line 14 to 2023 line 2 be fixed by Turboxtax IT support? Because now, if I enter 202 as total basis, it forces me to write an explanation that seems to suggest I made an error in my 2022 tax return. "Indicate the reason why the IRA basis changed from 2022 to 2023".
4) Moving forward, if I were to perform a clean conversation from Traditional to Roth IRA every year, the balance 202 will be always remained i.e. line 14 will be 202 for future years.
