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What is 8606-T Explanation Stmt
Hi there. Need some help..
I did a backdoor Roth IRA in 2021 and also made conversion of Trad IRA to Roth IRA. I got 1099-R for both and uploaded to TT desktop version. Its asking for "8606-T Explanation Stmt" - Return of an IRA Contribution Before the Due Date of the Tax Return. What should I enter? Any suggest would be appreciated. Thanks
‎February 27, 2022
8:43 AM