I accidentally contributed too much to my Roth IRA in 2014 (for tax year 2014) and had to recharacterize part of that contribution in 2015 to a traditional, non-deductible IRA. I already handled all of the tax paperwork, but now I'm trying to reconcile my Roth IRA account in Quicken and am stuck on the transactions that transfer the shares from the Roth IRA to my rollover IRA.
When I try to accept the transaction in Quicken's register, I see the following options:
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1. Remove the shares (Remove the shares from the account without affecting the cash balance of the account.)
2. Transfer the shares (Transfer the shares from this account to another account.)
3. Enter a reverse stock split (<description omitted>)
4. Enter a short sale (<description omitted>)
I'm guessing option 2 is correct, because I want the shares in the Roth IRA to end up in my rollover IRA. When I select option 2, I get a new menu that asks me to identify the "Transfer Method". The options are: "First Shares In", "Lot Identification", or "All". Which should I choose? Does it matter? I can't seem to find lot information on Vanguard's website for my Rollover IRA. I'm guessing the shares that were transferred to the rollover IRA were the same ones that I bought when I made the original Roth IRA contribution?