Skip to main content
February 17, 2022
Question

Which TurboTax edition supports Form 5498 recharacterizations?

  • February 17, 2022
  • 1 reply
  • 0 views

Hello,

In 2021, I recharacterized part of my Roth IRA contribution into a Traditional IRA contribution. Which TurboTax edition(s) — Free, Deluxe, Premier — can handle this situation?

Thank you!

    1 reply

    February 18, 2022

    You should be able to use the Free Edition for the recharacterization.  The best part of TurboTax is that you can start for free, and only upgrade if needed.