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kwells
New Member

I have a recharacterization of a roth ira and it appears that it'e being included in my income - is this going to be corrected before I finish?

 
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dmertz
Level 15

I have a recharacterization of a roth ira and it appears that it'e being included in my income - is this going to be corrected before I finish?

It is nontaxable income and should be included on Form 1040 line 15a or Form 1040A line 11a but excluded from line 15b or 11b.

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1 Reply
dmertz
Level 15

I have a recharacterization of a roth ira and it appears that it'e being included in my income - is this going to be corrected before I finish?

It is nontaxable income and should be included on Form 1040 line 15a or Form 1040A line 11a but excluded from line 15b or 11b.

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