3551732
You'll need to sign in or create an account to connect with an expert.
To clarify, did you make a rollover, taking funds from an IRA and then returning it within 60 days? If yes, then you do not enter this in the IRA contribution interview under Deductions and Credits. You enter your 1099-R and indicate in the follow-up question that it was rolled over:
Or do you mean a recharacterization? Did you make a Roth IRA contribution and then recharacterized it as a traditional IRA? If yes, then please see How do I re-characterize a Roth IRA contribution as a traditional IRA contribution in TurboTax?
What is a "recontribution"? Did you get a 1099R for it? What code is in box 7? Only enter it from the 1099R, nowhere else and not under Deductions. Deductions is only for New Contributions. So delete it from there.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
EKrish
Level 2
manojmenon123
New Member
huangyimei_3
Level 1
munacox
New Member
jonandmariaw
New Member