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February 25, 2022
Question

3rd time. Must file 2021 form 8606,not filed in 2020. How?

  • February 25, 2022
  • 1 reply
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No RMD taken in 2020 so 8606 not filed. Must file for 2021

1 reply

February 25, 2022

We'll automatically generate and fill out Form 8606 (Nondeductible IRAs) if you reported any of these on your tax return:

  • Nondeductible contributions made to a traditional IRA
  • Distributions from a traditional, SEP or SIMPLE IRA that had nondeductible contributions (excluding rollovers, conversions, recharacterizations, qualified charitable distributions, one-time distribution to fund an HSA, or return of certain contributions)
  • Conversions from a traditional, SEP, or SIMPLE IRA to a Roth IRA
  • Distributions from a Roth IRA (other than rollovers, recharacterizations, or a return of certain contributions)

 

Click this link for steps on How to Trigger Form 8606