Recharacterization did not show as deduction on 2024 return but it does today.

Reviewing my 2024 return. I did a $4000 recharacterization from Roth to Traditional IRA. Today, I see the $4000 on line 10 of my 1040 and on Schedule 1 line 20 and a much higher refund. However, on my original return neither of these shows up. The 1099-R was input. Any ideas why this would be? Looks like I might have to amend. Spoke with Yazmeen and asked for a call back from a supervisor or a CPA but no call as of today. Thank you.

3167

Level 15

Feb 10, 2026 10:05:34 AM

If allowed. the $4,000 will be taken as an IRA deduction unless you explicitly take the non-deductible election. You should have noted that before e-Filing.

If you plan to convert $4,000 to Roth IRA, you don't have to amend.

The end result is the same either way, amended or not amended.

@plikakis01

Level 15

Feb 10, 2026 11:32:10 AM

The end result may not be the same either way on your state tax return, depending on your state's rules.

@plikakis01

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Recharacterization did not show as deduction on 2024 return but it does today.