MaryK4
Employee Tax Expert

Retirement tax questions

Yes, if you converted from a traditional IRA to a Roth IRA, you must include a Form 8606 for each year you converted. Yes, you are correct that it is already taxed based on the 1099-R entry; but if there were any nondeductible traditional IRA contributions, the pro-rata taxable amount would be recorded on the 8606.  

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