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Get your taxes done using TurboTax
@panacea6565 wrote:
It is traditional IRA and I invested for 2020 tax year.
This comment on bogleheads also mentions - that IRS transcript missing 8606https://www.bogleheads.org/forum/viewtopic.php?p=3770910#p3770910
irrelevant : when I contributed I was not aware of the eligibility. But when I was filing tax, HR block software told me I am not getting tax deduction (and then google search also told me that I have to pay tax on it). 😥
You have the option of paying a fee and requesting a photocopy of your tax return, however, I'm not sure a photocopy exists for an e-filed return.
https://www.irs.gov/forms-pubs/about-form-4506
How to verify if your HRB tax return actually contained form 8606 is something you need to discuss with HRB.
The whole point of form 8606 is to document a non-deductible contribution to a traditional IRA. (It also documents a conversion to a Roth IRA or a withdrawal from a Roth IRA, but I don't think those are at issue here, correct?) Since the 8606 documents a non-deductible contribution, by definition there is no tax deduction for the contribution anywhere on form 1040. (A deductible IRA contribution would be reported on schedule 1, line 20, but a non-deductible contribution is only reported on form 8606.)