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Questions tagged [form-8606]

Form 8606 is the US Internal Revenue Service tax form for determining the taxable portion of any non-deductible contributions to, distributions from, or conversions between the various IRA types. This tag can be used for questions about filing Form 8606 with tax return Forms 1040 or 1040NR, or on its own if amending a prior year's Form 8606.

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What are the appropriate forms to file when using a mega-backdoor?

For the backdoor (IRA -> Roth IRA, generally up to $5500 per year) conversion, we need to file Form 8606. Are there any equivalent forms that must be filed for mega-backdoor (After-tax 401k -> Roth ...
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During retirement, what if form 8606 is missed one year? Non-deductable traditional IRA contributions

What happens if, during retirement, you miss filing form 8606 one year? Form 8606 is used to track non-deductible contributions to an IRA. In retirement those contributions can't be taken out all at ...