https://ttlc.intuit.com/community/retirement/discussion/re-recharacterized-ira-contribution-and-future-basis/01/3466121#M231864 <P><SPAN style="font-size:14px;">In regards to your Roth IRA, the basis of conversions are tracked separately from your direct Roth IRA contributions. If you used TurboTax in the past, when you reported the conversion, then you will find the contribution basis and conversion basis on the IRA Information Worksheet.</SPAN></P> <P>&nbsp;</P> Fri, 07 Feb 2025 17:49:45 GMT DanaB27 2025-02-07T17:49:45Z https://ttlc.intuit.com/community/retirement/discussion/recharacterized-ira-contribution-and-future-basis/01/3445337#M229821 <P>In 2020 I had to recharacterize part of my Roth IRA contributions for 2019 and 2020 as Trad IRA, and then I converted them back to Roth IRA right away. When tracking IRA basis going forward, do I include those recharacterized contributions with my Roth IRA contributions?</P> Thu, 30 Jan 2025 21:23:28 GMT https://ttlc.intuit.com/community/retirement/discussion/recharacterized-ira-contribution-and-future-basis/01/3445337#M229821 momoneymoprobz 2025-01-30T21:23:28Z https://ttlc.intuit.com/community/retirement/discussion/re-recharacterized-ira-contribution-and-future-basis/01/3466121#M231864 <P><SPAN style="font-size:14px;">In regards to your Roth IRA, the basis of conversions are tracked separately from your direct Roth IRA contributions. If you used TurboTax in the past, when you reported the conversion, then you will find the contribution basis and conversion basis on the IRA Information Worksheet.</SPAN></P> <P>&nbsp;</P> Fri, 07 Feb 2025 17:49:45 GMT https://ttlc.intuit.com/community/retirement/discussion/re-recharacterized-ira-contribution-and-future-basis/01/3466121#M231864 DanaB27 2025-02-07T17:49:45Z