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Filed form 8606 incorrectly and did not report rothIRA conversion. Do I need to amend 1040 if I dont owe any new tax?
Here is my situation. Contributed $5900 in October 2021 to tIRA and after a few days, converted $5800 (no idea why I didn't do the full amount) to rothIRA. I don't have any other IRA, so in theory, no taxes owed. Granted I got 2 cents interest paid by fidelity in November 2021 but I did not roll that in 2021. I also got a $100 free money from Fidelity (promotion) in November 2021. I then contributed $100 to tIRA for year 2021 in Jan 2022 and another $6000 to tIRA for year 2022 in Jan 2022. Then converted $6200.02 ($6100 contribution plus the $100 free money from fidelity) to rothIRA. In 2022, I owe taxes on around $100.02 I believe which I will deal in April 2023.
But, when filing 2021 taxes using turbo tax, I think I totally missed a few things. I only reported that I contributed $5800 to tIRA and didn't disclose anything about rolling it over to rorthIRA. My 8606 only has $5800 in boxes 1, 3, 14 and thats it. So the details on 8606 is incorrect and Part II in 8606 is also blank.
I read through this thread - https://ttlc.intuit.com/community/retirement/discussion/i-neglected-to-file-my-non-deductible-ira-co... though I cant find an exact situation like mine, it seems like I can just send the corrected 8606 for year 2021 and don't have to really "amend" the tax return? Is that correct? If so, should I redo it on turbotax (i used desktop software) and then mail just the 8606? Or should I do it by hand/pdf and mail it? If I do the later, how to update the 8606 changes in turbotax so it knows the latest for 2022 taxes?
Thanks!