- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@OzzieX20 wrote:
Excellent macuser_22! I think I am in line with your latest statements.
Couple of questions -
1. What would be the expectations for lines 4a & 4b on the 1040?
2. As for 2021, we didn't contribute in 2021 (from Jan-April) what is the expectation for line 14 for our 8606s? Should be zero, correct?
Thanks again,
Ozzie
Line 4b would transfer from the 8606 line 18 and if the IRA year end value was zero, line 14 should be zero.
**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.**
‎April 11, 2022
8:44 PM