Got it, thank you. Looking at my return transcripts, I don't see a deduction for 2020, 2021, or 2022.
You can either file an amended return to make it deductible (depending on income and other facts) or file an amended form 8606 to make it non-deductible.
I want to make sure I don't under/over report my nondeductible contributions, as I plan to do a Backdoor Roth IRA conversion that would be reported for 2024 taxes (which is why I'm trying to get all my ducks in order right now for 8606s). What's the best way to calculate whether my contribution for a specific year was deductible or nondeductible, if I can't rely on past reporting?
But make sure you keep records of your contributions and your form 8606. You need to keep that for as long as you live (or until the IRAs are emptied out)
By records, do you mean my form 5498s from my IRA custodian?
