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Thanks, Bill.
But I'm afraid I'm still confused! A recharacterization involves three steps:
1. Contribution to wrong IRA.
2. Withdrawal from wrong IRA.
3. Contribution to correct IRA.
So does this mean that I record a Roth contribution of $6,000 AND a Traditional IRA contribution of $6,000? How do I reverse the wrong contribution?
As for the conversion, assuming a IRA contribution was done in March 2022 for 2021 and immediately taken out and moved into the Roth, the conversion counts as being done in 2022, right?
I enter $6,000 in the a traditional IRA Contributions field AND ALSO $6,000 in the Recharacterization field? Does the characterization entry go into the section where the incorrect payment is coming out or where the place where the money is