Correcting multiple years' 8606s, send separate or together to IRS?

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
Post Reply
jacoavlu
Posts: 618
Joined: Sun Jan 06, 2013 12:06 pm

Correcting multiple years' 8606s, send separate or together to IRS?

Post by jacoavlu » Sun Sep 02, 2018 2:43 pm

see this thread if you want more backstory viewtopic.php?f=2&t=257874

My wife and I need to correct form 8606's for years 2012-2015. No effect on tax due for 2012-2014. Does change tax due for 2015 due to incorrect basis on the 8606 filed that year, so I'll file an amended return for that year to get a little money back.

I'm also responding to a 2016 CP2000 notice for my backdoor Roth and the 8606 completed incorrectly for that year. See thread linked above.

Was thinking I would respond to the 2016 CP2000 notice separately, with a corrected 2016 8606. No change in tax from my original return.

Question is, for years 2012-2015, do I:

A) Submit all in one envelope to the IRS corrected 8606s for years 2012-2015 along with 2015 1040x amended return,
B) 8606s for 2012-2014 in one envelope, 2015 8606 and 1040x in another envelope,
C) separate envelope for each tax year,
D) just send it all together including the 2016 CP2000 response.

Thoughts?

clydewolf
Posts: 732
Joined: Tue Jul 21, 2015 12:51 pm

Re: Correcting multiple years' 8606s, send separate or together to IRS?

Post by clydewolf » Mon Sep 03, 2018 9:52 am

You are right in keeping the 2016 CP2000 separate.

For tax years 2012, 2013 and 2014 each 8606 should have it's own envelope with an explanation of what is changed. This group of envelopes would be mailed in one package.

Tax year 2015 as you say requires a 1040X. It should be mailed separately with the amended 8606.

bsquared
Posts: 37
Joined: Mon Jun 17, 2013 12:18 pm

Re: Correcting multiple years' 8606s, send separate or together to IRS?

Post by bsquared » Wed Sep 05, 2018 8:03 pm

I need to submit Form 8606 for 1987 through 2005 or 2006 for both DH and me, necessitating maybe 19 envelopes. As an alternative, how does the idea of just taking them in to a local office sound?

Post Reply