Hi @DanaB27
Thank you for your help, I think we have successfully completed 2020 amendment. Now on to 2021. If possible are you able to please review our 2021 8606 forms? Thank you!
To recap for me:
- 2020 line 14 basis: $1797
- $3080 contributed to traditional in 2021
- $2920 contributed to traditional in 2022 for 2021
- $500 leftover in traditional account year end 2021
- 1099-R for 2021 ($4902)
Line 1 = $6000
Line 2 = $1797
Line 3 = $7797
Line 4 = $2920
Line 5 = $4877
Line 13 = $4426
Line 14 = $3371
Line 16 = $4902
Line 17 = $4426
Line 18 = $476
To recap for my wife:
- 2020 Line 14 basis: $2441
- $4580 contributed to traditional in 2021
- Rolled over money from 401k to traditional ending balance in 2021 as $18,246 which $500 was nondeductible (did not know about pro-rate rule unfortunately)
- 1099-R for 2021 ($7265)
Line 1 = $4580
Line 2 = $2441
Line 3 = $7021
Line 4 = 0
Line 5 = $7021
Line 13 = $1999
Line 14 = $5022
Line 16 = $7265
Line 17 = $1999
Line 18 = $5266
Thank you!!
