Message Font: Serif | Sans-Serif
No. of Recommendations: 0
This prompted me to look at one of my Mom's old tax returns and found that there were in fact non-deductible contributions. It would take a lot to go back through all her old returns and piece it together so I'm trying to figure out if it's true and what exactly is involved.

First question I have, was Form 8606 filled out? Was it properly filled out? That is was the accumulatative not deductible portion stated on the form? If so, you are in great shape. If not, you might check with IRS fist to see what their records show. Then if that yields no results then you'll have to go through all her old returns.

Thanks for your response. She did in fact file form 8606 with a cumulative amount. Unfortunately it wasn't nearly as much as I thought it would be (I'm baffled how she built up this account) but at least I have the info now.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.