@69VanNuys wrote:
When completing the From 8606, between lines 3 and 4 it asks if a Roth IRA conversion has been made in 2019. Does this include a Traditional to Roth IRA conversion that takes place in January 2020?
If you mean "In 2019 did you ... make a Roth conversion?" "If yes then go to line 4"?
Then NO, that is NOT a 2019 conversion if it was converted in 2020. You will get a 2020 1099-R for that and report it on your 2020 tax return next year.
While you have until July 15, 2020 to make a 2019 *contribution*, a *conversion* made anytime in 2020 is a 2020 conversion.
[Edited 03/24/20 to reflect IRS and state extended due dates]
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
