No, I did not have a Form 8606 in my 2018 tax filing. I used Turbotax in 2018 and when I filled it out as a recharacterization (again, improperly due to my own error), it generated the explanatory statement which includes:
-Date of the original contribution
-Date of the recharacterization
-The amount recharacterized
-The amount transferred (recharacterization plus earnings or losses)
-Reason for recharacterization
The amount recharacterized is higher than the amount transferred as I had incurred losses since the initial contribution. My basis in the traditional IRA was higher than the amount that ended up being converted.
In any event, I guess I need to figure out whether just filing a Form 8606 for TY2018 will suffice or if I need to submit an amended return fixing this recharacterization/conversion error along with a Form 8606 in order to get things correct for TY2018 and now TY2019.
I appreciate your response.
