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Retirement tax questions
@Anonymous wrote:
I have same issue; Even though I indicate that money was contributed between January 1, 2020 and July 15,2020 - Line 4 on form 8606 is empty.
Also, After clicking on Traditional and Roth IRA Contributions > Next screen gives me 3 options.1 - Traditional IRA
2- Roth IRA
3- None of the above.
Since I do not have 1099-R, do I select option 1 only or do I select both option 1&2.
Thanks
Unless you had a distribution then line 4 is supposed to be empty according to the 8606 instructions below line 3.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 18, 2020
7:20 AM