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Get your taxes done using TurboTax
Quick question here.
1. I don't have a 1099-R since I contributed non-deductible into Traditional IRA(And converted it after Dec 31 2020). Following the steps, I fill the 8606 form.
2. For 2021, I will have 2 1099-R forms. One for 2020 and another for 2021(if I contribute for 2021 calendar year). Then how do I notify IRS of both 1099-R forms with the contribution reported in the previous year and the conversion mentioned the next year. I will have 1 contribution and 2 conversions for 2021 which seems odd. Am I missing anything?
Thanks again for your help!
‎April 14, 2021
10:57 PM