Investors & landlords

@macuser_22 

 

Generally, if you put non-deductible money into a traditional IRA, that is tracked on form 8606.  Then when you make withdrawals, part of the withdrawal will be tax-free, based on the proportion of taxed money in the account.  If you don't have form 8606 on your 2020 return, you need to file an amended 2020 return to report the rollover.