MinhT1
Expert Alumni

Get your taxes done using TurboTax

You do not need to file form 8606 every tax year,

 

Form 8606 is only necessary when you have the following in the tax year:

 

  • Nondeductible contributions you made to traditional IRAs.
  • Distributions from traditional, SEP, or SIMPLE IRAs, if you have ever made nondeductible contributions to traditional IRAs.
  • Conversions from traditional, SEP, or SIMPLE IRAs to Roth IRAs.
  • Distributions from Roth IRAs.

Please read this IRS document for more information.

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