@sonzoil wrote:
Another question on form 8606. If I review my previous years returns, is there a line on 1040, that shows I made a NON deductible IRA contribution for that year? or is it not shown on the 1040, but only a generated, attached 8606 form?
Since it does not change the computation of your tax, I'm pretty sure it will only be reported on form 8606. That's why taxpayers are advised to keep all their prior forms 8606, in case they need to prove to the IRS that a recent IRA withdrawal should be partly non-taxable.
