Skip to main content
March 25, 2023
Solved

Recharacterization reason

  • March 25, 2023
  • 1 reply
  • 0 views

I make an excess contribution in 2021.  TurboTax is now asking me to enter a reason for recharcterization.

 

What would be an acceptable IRS response to enter?

 

Thank You!

    Best answer by fanfare

    "to avoid an excess contribution" would be a good reason.

     

    @K46732 

    1 reply

    fanfare
    fanfareAnswer
    Employee
    March 26, 2023

    "to avoid an excess contribution" would be a good reason.

     

    @K46732