Can one recharacterize a 2023 IRA to IRA rollover into now a ROTH IRA? The purpose is to have the tax consequence in 2023 instead of a conversion in 2024?

[txnick]

Turbotax online help "What is the difference between a conversion and recharacterization" states " ---- Tax rules allow taxpayers to recharacterize their IRA contributions any time prior to the due date, including extensions, of their tax return. A recharacterization allows you to undo or reverse your rollover or contribution."

However, my financial institution says can only recharacterize "contributions" not "roll-overs".  Is clear that law no longer allows Roth to IRA recharacterizations, but less clear as to IRA rollover  recharacterized into a Roth IRA.  

[dmertz · Accepted solution]

Recharacterization of a rollover originally deposited into a traditional IRA has never been permitted.  There is nothing that can be done with this rollover IRA in 2024 that will increase 2023  AGI.  As you noted, conversion to Roth in 2024 will add to 2024 AGI.