Quick question......if you convert your traditional IRA to a Roth then do a recharacterization (realize tax benefit) then recovert back into a Roth all in 1998, do you have to indicate the recharacterization on line 14b of the Form 8606. Or since no recharacterization is still outstanding as a traditional IRA it shows as if no recharacterization took place, therefore line 14b would be zero.
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