@Random_Bunny wrote:
You know what Macuser, I think you had advised me last year that I did not have to wait to get 1099-R for 2019, I could report my Roth contribution ($6000 no gain no losses reported) and say I switched to Traditional IRA. I remember doing that- so when I just downloaded my 2019 return, I see that I already have 8606 that shows line 1, 3 and 14.
I will now try and follow your other insturctions above- but wanted to share this with you. I think this means I dont need to amend the 2019 return.
That is correct. You are fine for 2019. Just use the box 14 amount for the conversion 1099-R (you might not eve need to enter it if you transferred 2019 when you started 2020 - it might auto-fill the past years box.)
**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.**
