FORM 8606

gk

Hi,

One of my client put $5000 in TIRA in 2024 for TY 2023 and again put 4500 later for TY 2024. Whole $9900 he converted to ROTH in dec 2024 but there was a balance of $1 interest generated from that amount and that he forgot to convert. Do we have to show that amount in form 8606. If yes how do i show that. Pls advise

GK

rbynaker

If there were no other IRAs, sounds like $1 on Line 6. Zoom in from there should take you to the IRA Info Wks.

gk

Do i manually enter $1 in line 6.

gk

Someone please explain.