Retirement tax questions


@freedom_1 wrote:

@macuser_22 

 

In my case I did not have an 8606 for 2019 and I assume that might be the case for the person asking this last question.


You said you had the same problem which was a non-deductible Traditional IRA contribution made *in* 2020 *for* 2019.   That can ONLY be reported on a 2019 8606 form as non-deductible.   That might require amending 2019 to report it - without the 8606 you forfeit the ability to apply the non-deductible contribution to the conversion.

**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.**