dmertz
Level 15

Retirement tax questions

The earnings included in the recharacterization, B, are not a contribution.   The remaining amount that you can contribute is C = D - A = $6,500 - A.

Enter C as Total 2018 Traditional IRA Contributions.  Amount A will already have been entered as Roth contribution subsequently recharacterized.  As a result, TurboTax will show A + C on Form 8606 line 1 or on Schedule 1 line 32.

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