I see your problem
$2500 plus $17.93 gains = $2517.93 recharacterized 5/10/24
$4000 plus $324.03 gains = $4324.03 recharacterized 3/5/25
The 2500 has to be reported on his 2023 tax return.
This is allowed if 2023 tax return was a) timely filed (April 15), or b) got a six month extension.
You'll have to amend 2023.
You shold definitely do that before proceeding with 2024 tax return.
And you should request an extension of time for 2024.
@kws3
