dmertz
Level 15

Retirement tax questions

You recharacterized only $5,500.  The amount transferred was $5,583.  The transaction history is reporting the amount transferred, not the amount recharacterized.  On the explanation statement that must be included with your tax return you will indicate that you recharacterized $5,500 and in addition to the $5,500 being transferred, an associated $83 of earnings were transferred.