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Retirement tax questions
You can probably get away with filing just the Form 8606, particularly if you include an explanation statement indicating that the traditional IRA contribution was not previously reported on Form 8606 or as a deduction on Form 1040 line 32 at all. Still, you could do the same on Form 1040-X to show that there are no changes to your filed tax return and Form 1040-X also provides a place for the explanation.
May 25, 2020
9:06 AM