Thanks for the reply. I just reviewed the 1099-R and found that "7. Distribution codes" it showing as "1, 8" with IRA/SEP/SIMPLE box checked. And 2a. Taxable amount is $0.00
I believe this is the issue..I did an error in 2021 contribution, I contributed to the Year 2020(in Feb,21) by mistake initially but couple weeks later I found out that error and requested them to move funds from Year 2020 to 2021(I had to submit the form for removal of excess funds). Not sure if it's causing any issues...I did not withdraw contributions but just requested to move from 2020 to 2021..
Could you please advise what should I put in 8606-T Explanation? I tried to delete it from "forms" but its getting added back again. Please advise. Thanks!
