Form 8606 missed

[WhiteGeorge]

I made nondeductible contributions to my traditional IRA back in 2015, but forgot to file Form 8606. Would you please advise how to correct it? Do I need to re-file the 2015 tax or just send the 2015 Form 8606 to IRS? Thanks.

[DanaB27]

You can file the 2015 Form 8606 by itself.

Technically you can be fined $50 for failing to file the form on time, but the penalty can be waived if you have reasonable cause. Please see Relief for Reasonable Cause for additional information.

[WhiteGeorge]

Thanks! Just to confirm ... I can fill and print out form 8606 and mail it to IRS (no need to refile the tax return), am I right? Thanks!

[RobertB4444]

That is correct.

@WhiteGeorge