In 1998 I opened a Roth IRA and contributed $2000.00 to it. I contributed another $2000.00 in 1999. Now I realize that I exceed the AGI limit, so I have Recharacterized the entire balance to a regular IRA. This just happened on April 1, 1999.The question is, how do I handle this on my 1998 tax forms. Don't I need a 1099 for the recharacterization? Should I be expecting a 1099 from my broker before April 15th? Time is running out, and I'd hate to have to pay the penalty.How do I report this on my tax forms?-HardlyRich
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