Frum.Finance

My taxes were extended for 2025: On m1 finance it is coming up as 14K taxable in my traditional IRA (I contribute backdoor- but for 2024 I did it between Dec and April of 2025 so it looks like 14K even tho it was only 7K. My accountant told me to speak to m1 which I did, they told me to file form 8606 last year which obviously that's too late- basically thy were not so helpful. Any advice for this?

<https://www.whitecoatinvestor.com/fix-backdoor-roth-ira-screw-ups/>

I’ve actually had to refer an accountant to that site…

What I don't understand is that it literally says in this article that as long as your form says taxable amount not determined on the 1099, you're fine so I don't get why my accountant is panicking about it

Your old tax return can be amended to include form 8606. Very simple solution,