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January 12, 2024
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Backdoor Roth IRA and 8606

  • January 12, 2024
  • 2 replies
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I've made backdoor Roth contributions for my wife and myself for the past few years.  Looking over prior returns, it doesn't look like I ever filed 8606 forms.  What can I do about this now?  There were never any funds remaining in the traditional IRA accounts after the Roth conversions.

    2 replies

    Critter-3
    January 12, 2024

    Did you ever report the trad IRA contributions in the program?  Did you ever get and report the 1099-R forms ? A form 8606 would have been generated in each and every tax year either of these things happened. 

    m100psiAuthor
    January 12, 2024

    No, I misunderstood the requirement and did not complete that section of TurboTax.  Glad to see from the other link it shouldn't be too bad to resolve. Thank you.