dmertz
Level 15

Retirement tax questions

@BSCVX77 , code R in box 7 of a 2024 Form 1099-R reports a recharacterization from a Roth IRA to a traditional IRA or from a traditional IRA to a Roth IRA of a 2023 contribution.  It has nothing to do with a anything involving a 401(k).  If your recharacterization is already reflected on your 2023 tax return, there is nothing to amend.