My client just realized that she made a non-deductible contribution to a traditional IRA in 2011, and has now made one for 2012. The 2012 has not been filed yet, so there is time to include the 8606. My question is, am I able to just enter the $5000 from last year on line 2 and file it? Or must I file a stand-alone 8606 for 2011 as well?
Announcement
Collapse
No announcement yet.
8606 for 2011?
Collapse
X
-
2011 8606
Originally posted by Possi View PostMy client just realized that she made a non-deductible contribution to a traditional IRA in 2011, and has now made one for 2012. The 2012 has not been filed yet, so there is time to include the 8606. My question is, am I able to just enter the $5000 from last year on line 2 and file it? Or must I file a stand-alone 8606 for 2011 as well?
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Comment