I did the same thing (Roth contribution, recharacterize to Traditional, then convert back to Roth).
- $6000 -> Roth, which grows to $6075
- Recharacterize the $6000 contribution to Traditional, so now $6075 is in my Traditional
- Traditional grows to $6125 when I finally convert it back to Roth
My form 8606 is correct. On my 1040, the line item "4a IRA Distributions" is $12,200 and "4b taxable amount" $125.
The taxable amount is correct, but is line item 4a correct? It's $6075 + $6125. I know the $6125 from Traditional to Roth is a distribution, but is the recharacterization a distribution also? It looks like it might be from #6 in exception 2 here https://www.irs.gov/instructions/i1040gi#idm[phone number removed]400. Can you confirm this?
