OK thank you dmertz. I have one 1099R for 2015 for the traditional IRA showing a gross distribution of $X. This $X was moved into a Roth IRA. And I have another a 1099R for the Roth IRA for 2016 (which is coded R in box 7) showing a gross distribution amount which was moved back (recharacterized) into the traditional IRA. (The traditional IRA account number is not on the 1099R for the Roth, however.) The amount recharacterized is equivalent to about 2/3 of X. I say equivalent, because the value of stock between the time of the first distribution and the recharacterization changed. (I have been told the code R in box 7 means for the previous tax year).
I have only one 1099R for the traditional IRA (2015) and one 1099R (2016 coded R in box 7) for the Roth. Each 1099R cites only one account, not both accounts.
QUESTION: Are the two 1099Rs I mention above (one for the traditional IRA and one for the Roth IRA) the the two 1099Rs I should use for Turbotax?
Thanks
