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Get your taxes done using TurboTax
Hi thanks for the response. For year 2020, I had similar questions (maybe you guys can see from my previous posts) and ended up putting my correct nondeductible amount basis, so I did not end up paying any extra taxes (thanks for the help). However I did some recharacterizations in year 2021 for the year 2020, so it is asking I amend 2020 year. How will this affect my return for 2020 (like you mentioned)? Do I have to amend 2020 to get my 8606 for year 2021, or can I just use my total cost basis to answer the question "What is your total cost basis at the end of December 2020"? Also, I used a CD for Turbotax 2020 however I believe I misplaced it, and it is no longer saved on my computer. How can I obtain an extra copy or is Turbotax able to provide me an online copy since I filed with them for 2020? Thank you