I took RMD from my traditional IRA and converted it to ROTH (mistake) in July 2018, I am trying to reverse the Roth transaction before April 15 to avoid the 6% penalty. The bank will issue 1099R with a code JP for the total amount including interest earned. I need to report the interest in my 2018 tax return but not sure where to book this entry on my 1040. Should the bank send me a form 5498?
Can't find anyone (not Bank, not CPA) familiar with my situation, need help!
