KingTuk
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Hello @DanaB27@DaveF1006,Should there be a value in line 8 on the 8606 form, which would automatically populate lines 9, 10, and 11? If so, it did not populate.
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Thank you @DanaB27. This was very helpful. Just confirming that the gains of $1,147 on the initial $6,000 contribution, which I later recharacterized is taxable...
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- Cheered Re: Recharacterization to correct 2020 contribution and 2021 back door Roth IRA for RobertB4444. April 1, 2022 1:04 AM
- Posted Re: Recharacterization to correct 2020 contribution and 2021 back door Roth IRA on Retirement tax questions. March 31, 2022 8:48 AM
- Cheered Re: Recharacterization to correct 2020 contribution and 2021 back door Roth IRA for DanaB27. March 24, 2022 7:09 PM
- Cheered Re: Recharacterization to correct 2020 contribution and 2021 back door Roth IRA for DaveF1006. March 24, 2022 7:09 PM
- Posted Re: Recharacterization to correct 2020 contribution and 2021 back door Roth IRA on Retirement tax questions. March 24, 2022 6:18 PM
- Posted Recharacterization to correct 2020 contribution and 2021 back door Roth IRA on Retirement tax questions. March 23, 2022 5:46 PM