hudson, I have an almost identical situation, and was wondering why I needed to amend my 2014 tax return. In my case, on my 2014 return I DID indicate in my note for Line 15a that the amount transferred was the amount "re-characterized PLUS the earnings or losses", so I don't think that was the sole reason that alert comes up. I'm wondering if Turbo Tax alerts us that we *may* need to amend our 2014 return if for some reason we had contributed to a Roth and then decided to re-characterize part or all of the money back to a *deductible* IRA (in other words, in the case where a person's income still allows them to deduct part or all of their IRA on line 32.) I wish there was more of an explanation from Turbo tax at that point.
