Was Form 8606 necessary in 2000 for a 1998 conversion?

[Guest Lonnie_parry]

Hi,

In 1998 I converted a traditional IRA to a Roth IRA and chose the four year spread with which to pay taxes. In both 1998 and 1999 I had a professional prepare my income taxes and for both of those years he used Form 8606.

In 2000 I prepared my own taxes using Turbo Tax. In order to prepare Form 8606 I had to override some numbers. In haste I just followed what my tax preparer had done in 1999.

Now that the rush is over was it necessary to prepare Form 8606? If so which lines should I have filled in? Following what my tax preparer had done perhaps I was filling in the incorrect lines. Since I still have one more year to go I would like to make sure that I prepare my taxes correctly in so far as the Roth is concerned. Thanks for your guidance.

[BPickerCPA]

You did not need form 8606 to report the income from a year 1998 converion on your 1999, and 2000 returns. Hopefully it won't hurt anything.