juy326
New Member

I contributed $5.5k to traditional ira in Mar 2017 and requested recharacterization in Feb 2018. $5,716 was transferred to roth. Is this conversion or recharacterization?

I wanted 2017 contribution to be changed to Roth, and was going to contribute another $5.5k in 2018. But, I am confused if this $5,716 is mere reclassification of 2017 amount or this is considered as 2018 contribution.