I contributed $5500 to Roth in 2015, got married in December and because of the combined income, i was no longer eligible for Roth contributions. Vanguard suggested to recharacterize this contribution into Traditional and convert it back to Roth. This happened before tax filing in 2016 and 2015 Tax Form 8086 captures this correctly.
I also contributed $5500 to Traditional for the year 2016 and converted it to Roth (backdoor-ing).
I received a 1099-R for 2016 with $11,000
box 1: $11000
box 2a: $11000
box 2b: X (Tax amount not determined, Total Taxable both checked)
Box 7 (Distribution): Code 2
IRA/Simple/SEP/: Checked
In turbotax, i entered $5500 was contributed to Traditional for the year 2016 and was converted to Roth. This amount isn't taxed but the other $5500 (of the $11,000) is taxed at ~$2000.
How do i handle this situation in turbotax such that the remaining amount isn't taxed?
