DanaB27
Expert Alumni

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No, Lines 16 and 17 of Form 8606 will be filled in the year you make the conversion and enter your 1099-R. If you converted $6,000 then line 16 will have $6,000 and if you had a basis of $6,000 (and your account was empty after the conversion) then line 17 will have $6,000. Therefore, line 18 taxable amount will be $0.

 

[Edited 3/7/2022 10:39am PST]

 

 

@Taxfiller123

 

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