Reconversion of Roth IRA

[MargaretMort]

I want to make sure I am doing this correctly, especially since I have had no experience with this. The client thought he rolled a traditional IRA into a Roth IRA in 2009. The actual conversion occurred in 2010. The taxes owed would have been a lot, even split between 2011 and 2012 Tax years. He has told the broker to roll it back into a traditional IRA. As I read the instructions in The Tax Book, all that is required is that a statement should be attached to the 2010 return--it hasn't been filed yet--explaining the recharacterization and include the amount converted.

Is that all there is to it? I amended the 2009 Tax return to take out the incorrectly reported conversion and now a simple letter added to the 2010 is all that is required? Do I leave the reported conversion in the 2010 return and include the letter showing it isn't true? Do I e-file the 2010 return and then paper file an amended return with the explanation?

Help!

As always, my sincere thanks for any and all of your help. Wouldn't have made it through this year without this board, 25 years experience just didn't prepare me for this year. MM