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Some of your contributions are nondeductible for the Roth conversion. The TSP were payroll deductions, so they were deducted from your pay before taxes. They act like a 401k, so they would not have been deductible. If you did not deduct the 2022 contribution, you want to make sure you filed the Form 8606- otherwise the contributions are not considered nondeductible even if you did not deduct them. For this conversion, the prorata rule would apply, because the TSP is taxable income.
I can’t find my 2022 tax return and my CPA won’t return my calls, so I have no idea if he filed the 8606 for me that year. Should I be safe than sorry, and file one just in case? Would the IRS be able to tell me if they have one on record from that year?
You can view your tax return history in your IRS account. Just go to this link and create an account for yourself and you'll be able to see if the 8606 was filed in 2022.
Your IRS record of account will tell you if you took an IRA deduction or not.
It won't tell you if you filed 8606 because a contribution was not deductible,
To see your online account, IRS now requires you to register.
next time, ask your tax preparer for a paper copy for your own records.
See my comment on your other thread for how to file.
@MaryK4 Turns out I need to submit an 8606 for 2022 and amend the 8606 basis for 2023. Can I submit a tax return for 2024 with the most up to date basis so I can expedite my Roth conversion or do I have to wait for the 2022 and 2023 basis to complete processing? IRS takes several months to process. Either way I’ll submit them ASAP, but I just want to know if I have to wait for them to be updated in consecutive order before I can submit my 2024 basis and do a Roth conversion.
enter the correct prior years basis on 2024 Form 8606 consistent with the amendments you filed or will file.
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