DanaB27
Employee Tax Expert

Retirement tax questions

Yes, the contribution amount (#6) will be $6,000 since this is for the 2020 contribution. 

 

Yes, for Form 8606, Boxes 1 & 2 are 6,000K and  Boxes 3 & 5 & 13 & 16 & 17 are all 12,000K. It seems you entered everything correctly.

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