Form 8606

Greetings, Last January, 2022 I rolled over my pre-tax lump sum pension of $125,000 (no after tax money was in it) into a Traditional IRA account. This is my first and only Traditional IRA. Later in September, 2022 I did a Roth conversion of $10,000. Not sure if or how to fill out form 8606. I’m thinking that maybe only the part on the 8606 filled out should be part 2. Later I read that Part 2 should only be filled out if it had after tax amounts in rollover. This is so confusing I don’t know whether to even fill it out or not. If I do need to fill it out: Line 16……..$10000, Line 17………$0 and Line 18……..$10000? Is this correct?I read the IRS directions but still not sure if 8606 applies here. Thank you so very much for your help, Bob



Part II is always required to report conversions per the single line at the top of Part II, but you can ignore Part I because you have no non deductible contributions in your IRA. Your lines 16 and 18 should both show 10,000.



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