orovalleyaz
Returning Member

filing 8606

Hi,

I need to file form 8606 for 2018 and 2019. I  am 55 year old. I converted $6500 from traditional IRA to roth IRA  in 2018 and $7000 in 2019. It looks like that I have to pay tax for $500 because there was $500 limit difference between 2018 and 2019. I would like to know if this is true.

 

Thank you