In working on my taxes for 2021 my tax site informed me that we exceeded the income limit for making a Roth IRA contribution, which I had already done in January of 2021. I requested a recharacterization to a traditional IRA contribution through Fidelity, which they completed last week. From what I've been able to determine via the google this appears to be something that I'll report and/or deal with on next years tax filing-does this sound correct?
Seems strange to handle a 2021 issue on my 2022 tax year filing, but my taxes have always been very straightforward and perhaps this is not unusual?
Seems strange to handle a 2021 issue on my 2022 tax year filing, but my taxes have always been very straightforward and perhaps this is not unusual?
