Because an 8606 is not always required it is wise to print one off your return and keep it with the IRA paperwork because if you don't remember to use the 8606 the IRS will not help you... they like when people voluntarily pay their taxes twice. And if the IRA owner passes the beneficiary gets to use the unrecaptured non deductible amount on their tax return ... so it is very important to keep a copy with your important papers not just buried in a return.
