@boxsteron wrote:
Are you saying that I need to add an 8606 form to the return? Is there an interview question or point I need to start from?
Some other posts on this site has recommended doing this using a 1099-R. Are you saying it is not needed for 2019 return, even though I am claiming the IRA for 2019? Please advise
Yes. You must file the 2019 8606 by entering the 2019 contribution as I said above.
And yes, the conversion must be reported on a 1099-R on your 2020 tax return next year since is was converted in 2020. You will get the 1099-R after Jan 31 2021.
**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.**
