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Anonymous
Not applicable

Tax forms for recharacterization and conversion

@DanaB27 

 

In the steps to amend 2020 return step 8 says the following

"TurboTax will ask for an explanation statement where it should be stated that the original $xxx.xx plus $xxx.xx earnings (or loss) were recharacterized."

This explanation statement I provided, will it show up somewhere in the ameneded2020 return? When I downloaded amended 2020 return, I am not able to find it.

DanaB27
Employee Tax Expert

Tax forms for recharacterization and conversion

Yes, you should have an explanation statement included in your printout (it might be the last page).

 

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