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Printable Form 8606 Florida: What You Should Know

Taxpayers must provide a clear explanation as to why it is necessary to fill out this form. The back door Roth contribution is a major problem for taxpayers in our society. The IRS does not have enough personnel to enforce this tax law. The Form 8606 is not the IRS version of back door Roth conversions. In a case like this, the taxpayer is required to inform the IRS that such a contribution is being attempted by the taxpayer. After all the documentation is filed, the taxpayer can claim it as an adjustment to their income, and they will not face any penalties. If you are a Florida resident, take a quick moment to download the Florida Form 8606 (Nondeductible IRA), if you wish. Download and mail the form to the IRS. The Florida version of the form requires only 8 pages, while the Federal version requires 12 pages.

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