Help on IRA and Roth-IRA

How do I report the excess Roth-IRA contribution and recharacterization in TurboTax?

posted

The 2020 code JP must be entered into your *2019* amended tax return.

For the recharacterization and conversion see my answer to tax17- in this thread:

https://ttlc.intuit.com/community/retirement/discussion/how-do-i-file-a-roth-recharacterization-to-a...

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Is it useful to be able to enter IRS Form 5498 IRA Contribution Information into TurboTax each year so that the program can keep track of it?

in Retirement tax questions

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