- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
"it will make my future earning on the 1,000 non-taxable if I reported it"
it doesn't work that way.
$1,000 non-deducted contribution is basis and adds to any prior basis.
There is a penalty for failure to file Form 8606 when called for.
‎February 13, 2023
11:01 PM