Form 8606 After I've Filed

[ujp8418]

Apologies if this has been answered already.

I filed and completed my 2023 taxes back in March. Married filed jointly.

However, after we filed, we decided to contribute (non-deductible) to our Traditional IRA accounts for the 2023 year, prior to April 15 cut-off. Do I need to amend my 2023 taxes? Am I able to simply fill out the 8606 Form and send to the IRS?

Please help. Thank you!

[DanaB27]

Yes, you can fill out a 2023 Form 8606 to record your nondeductible basis, and mail this form to your designated IRS office. Be sure to include your address on page 1 of the form and your signature and the date on page 2 of the form.

If you plan to make a conversion in 2024 then please see How do I enter a backdoor Roth IRA conversion? for your 2024 return.

[pju418]

Thank you! So to be clear, there's no need to amend my 2023 taxes?

[DanaB27]

Yes, that is correct.