topic You will pay taxes on the $7000 that was left in the Roth... in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/you-will-pay-taxes-on-the-7000-that-was-left-in-the-roth/01/734570#M70456 <P></P><P> </P><P>You will pay taxes on the $7000 that was left in the Roth IRA after the recharacterization of $9000.</P> <P>As you enter the information in TurboTax, pay close attention to the question regarding the amount for the recharacterization.&nbsp; It is asking for the amount that was <B>left in the Roth IRA</B> ($7000 in your case), not the amount that was put back into the Traditional IRA.</P> <P></P><BR /> Thu, 06 Jun 2019 16:32:52 GMT AnnetteB 2019-06-06T16:32:52Z I converted $16000. from IRA to Roth IRA in 2017. I recharacterized $9000 back to IRA in 2017? How much should I pay taxes on conversion? https://ttlc.intuit.com/community/retirement/discussion/i-converted-16000-from-ira-to-roth-ira-in-2017-i-recharacterized-9000-back-to-ira-in-2017-how-much/01/734566#M70455 <P>You will pay taxes on the $7000 that was left in the Roth IRA after the recharacterization of $9000.</P><P> <STRONG></STRONG> </P><P>As you enter the information in TurboTax, pay close attention to the question regarding the amount for the recharacterization.&nbsp; It is asking for the amount that was&nbsp;<B>left in the Roth IRA</B>&nbsp;($7000 in your case), not the amount that was put back into the Traditional IRA.</P><P>I did follow the guidance, but it delete whole 1099-R form, instead of showing 7000 which I converted.&nbsp;</P> Thu, 06 Jun 2019 16:32:51 GMT https://ttlc.intuit.com/community/retirement/discussion/i-converted-16000-from-ira-to-roth-ira-in-2017-i-recharacterized-9000-back-to-ira-in-2017-how-much/01/734566#M70455 mohinidevi 2019-06-06T16:32:51Z You will pay taxes on the $7000 that was left in the Roth... https://ttlc.intuit.com/community/retirement/discussion/you-will-pay-taxes-on-the-7000-that-was-left-in-the-roth/01/734570#M70456 <P></P><P> </P><P>You will pay taxes on the $7000 that was left in the Roth IRA after the recharacterization of $9000.</P> <P>As you enter the information in TurboTax, pay close attention to the question regarding the amount for the recharacterization.&nbsp; It is asking for the amount that was <B>left in the Roth IRA</B> ($7000 in your case), not the amount that was put back into the Traditional IRA.</P> <P></P><BR /> Thu, 06 Jun 2019 16:32:52 GMT https://ttlc.intuit.com/community/retirement/discussion/you-will-pay-taxes-on-the-7000-that-was-left-in-the-roth/01/734570#M70456 AnnetteB 2019-06-06T16:32:52Z