Where do I find Form 8606?
We'll automatically generate and fill out Form 8606 (Nondeductible IRAs) if you reported any of these on your tax return:
Nondeductible contributions made to a traditional IRA
Distributions from a traditional, SEP, or SIMPLE IRA that had nondeductible contributions (not including rollovers, conversions, recharacterizations, qualified charitable distributions, one-time distribution to fund an HSA, or return of certain contributions)
Conversions from a traditional, SEP, or SIMPLE IRA to a Roth IRA
Distributions from a Roth IRA (other than rollovers, recharacterizations, or a return of certain contributions)
However, you'll have to download and print Form 8606, manually fill it out (instructions), and print and file your return, if any of these three situations apply to you:
You received a distribution from an inherited traditional IRA that had nondeductible contributions.
You transferred an inherited plan account to a Roth IRA.
You received a distribution from an inherited Roth IRA that was not a qualified distribution.
How to trigger Form 8606
If you reported any of the four qualifying situations outlined here on your tax return, you can trigger Form 8606 with these instructions:
Navigate to the IRA contribution section:
TurboTax Online: Go to the IRA contribution information screen under Deductions & Credits.
TurboTax Desktop:
Go to Federal Taxes.
Go to Deductions & Credits.
If asked How do you want to enter…?, select I’ll choose what I work on.
Under Retirement and Investments, select Start or Update next to Traditional and Roth IRA Contributions.
Continue through the IRA section, answering questions as you go.
When you reach the screen with the box for Deductible contributions elected non-deductible, enter an amount.
We'll generate and fill out the 8606 behind the scenes.
Tip: On joint returns, 8606-T stands for "taxpayer" (first person listed on the return) and 8606-S denotes "spouse."
