MarilynG1
Expert Alumni

Get your taxes done using TurboTax

No, these are the occasions that trigger Form 8606:

 

  • Nondeductible contributions made to a traditional IRA
  • Distributions from a traditional, SEP, or SIMPLE IRA that had nondeductible contributions (excluding rollovers, conversions, recharacterizations, qualified charitable distributions, one-time distribution to fund an HSA, or return of certain contributions)
  • Conversions from a traditional, SEP, or SIMPLE IRA to a Roth IRA
  • Distributions from a Roth IRA (other than rollovers, recharacterizations, or a return of certain contributions)

Here's more info on Form 8606.

 

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