DanaB27
Expert Alumni

Retirement tax questions

I'm assuming you are working on your 2023 return.

 

1. Yes, if you made nondeductible contributions of $2,500 then line 1 of Form 8606 will be $2,500. 

2. No, pre-tax funds would not be included on line 2. You only include nontaxable (after-tax) rollovers from a qualified retirement plan on line 2. 

 

@Novahut 

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