No, it isn't an issue. You will request the recharacterization of the $6,500 contribution for 2023 and $8,000 contribution for 2024 with your financial institution and they will calculate the loss and move the correct amount.
And you will enter on your 2023 return that you recharacterized the Roth IRA contribution of $6,500 (step 8 in above instructions).
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
