noexpert
New Member

After you file

I submitted a few  8606s for a few years of forgotten non-deductible IRAs. It has no impact on 1040 because I paid the taxes on the non-deductible IRAs.  It is needed  to track the basis for conversion to ROTH to avoid paying taxes twice. 

 

I sent just the 8606 forms.  a year later I was told by IRS to send 1040-x.  I can't figure why but I am sending the 1040-x with explanation in Part III Explanation of changes because there is no line that changes on the 1040x.  I will keep you posted if it works.