In certain situations (such as recharacterization of an IRA contribution or Roth IRA conversion, return of IRA contributions, or return of excess traditional IRA contributions), a statement must be attached to your return explaining the recharacterization or distribution. You can create this attachment in TaxAct® and the return will still be eligible for electronic filing:
IRS Instructions for Form 8606 Nondeductible IRAs provides the most definitive guidance for reporting recharacterizations. Because TaxAct supports the attached statement for the recharacterization, you will still be able to electronically file a return containing this statement.
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.