All,
Need some help on the Roth and backdoor Roth IRA!
I was stupid enough to make mistake twice in a row therefore there're two questions.
In 2020, when our income was below the Roth IRA threshold of 196,000, we put 6,000 each in our IRA account. But I realized today that I didn't fill the 8606 form. How do I resubmit it? Do I just send the from itself or need to redo the entire 2020 tax.
In 2021, we can no longer contribute Roth so we did the backdoor IRA. I accidentally put the incorrect amount on form 8606. How do I amend that? Do I need to do 8606x?
Thank you very much!
