I have a small amount of after-tax $$ in my IRAs, so every year I file an 8606 so I can make the deduction of the allowed distribution percentage of after tax money. However, for 2020 I did not take any money out of the IRAs other than a small amount of QCDs before the RMD rule was changed for 2020.

My question is whether I need to bother filing an 8606 for 2020? The 8606 Form states that you can’t include QCDs for purposes of calculating the after tax amount allowable, so I can’t claim to have drawn any of the after tax on my return this year in any event. So the 8606 seems to serve no purpose, unless it is one of those forms one must file every year once one has started to take RMDs.