Retirement tax questions

if you recharacterized 2021 you have to put the contribution and its non-deductible status on 2021 Form 8606.

if you did not file that way you have to amend 2021 tax return.

 

if you converted to a Roth in 2022, that is not a contribution.

you should see  a check in the "taxable amount not computed" check box on your code 2 1099-R.

Reason: your tax on the conversion  is computed on 2022 Form 8606 in conjunction with 2021 Form 8606.

 

 

 

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