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Get your taxes done using TurboTax
Thanks for the response, since I don’t have a 8606 from 2020, do I need to amend my 2020 with the recharacterization to obtain a 8606 before I can continue with my 2021 return? Also, when you mention basis, is this the amount that was contributed to my IRA, or the total value (including any gains or losses)? I do not have my 2020 tax software, how is the best option to obtain this since I already paid for it last year? Thank you
February 23, 2022
2:02 PM