crazyRoth333
Returning Member

Retirement tax questions

Thanks for your help Macuser22.

 

I didn't file 8606 in 2019 because it said "if the excess contribution is removed within filing deadline" do not include it in 8606. But now I realize the problem of not having a 8606 leaves me with no basis for the conversion.   

 

I also didn't have schedule1 either. None of ira contribution were deducted in 2019.

 

I see that in 2020 8606 line 2 that there's something about adjusted basis due to returned excess contribution in the instructions. I wonder if there's where I could put in a statement explaining this whole mess.

 

Thank you again for walking me thru my mess.