phat7734, the recharacterization should have resulted in Schwab issuing a code R 2017 Form 1099-R from the Roth IRA showing the amount transferred back to the traditional IRA as a result of the recharacterization and a 2017 Form 5498 from the traditional IRA showing the same amount as a recharacterization contribution to the traditional IRA. Due to investment gains or losses in the Roth IRA while the $19,100 was in the Roth IRA the amount transferred in the recharacterization is expected to be different from the $19,100 recharacterized, so the explanation that macuser_22 mentioned is needed to show the IRS the amount of gain or loss that accompanied the $19,100 transfered.
