I made a contribution of $5500 to my Roth IRA in Sept. of 2020, and in 2021 I recharacterized that to a Traditional IRA (due to income restrictions).
After the recharacterization, I did a backdoor Roth by converting all my Traditional IRA to a Roth IRA. My question is how do I enter these numbers correctly into TurboTax? I didn't receive tax forms for any of the recharacterization or conversion activity since it occurred in 2021.
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You will enter the recharacterization on your 2020 tax return when you enter the contribution to the Roth IRA
The conversion will be entered on your 2021 tax return:
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