Solved: Re: Form 8606

rsc68 · Feb 27, 2023 5:43:31 PM

Both my Federal and State tax returns have been filed and accepted. It has now come to my attention that Form 8606 has an error. Line 6 of the form was left blank. It should have contained the value of my traditional IRA at the close of December 31, 2022. This information was accessible to Intuit turbotax so I don't understand why it wasn't properly entered on the form. The Form 8606 error means that Form 1040-SR line 4b is incorrect. Consequently, the adjusted gross income is incorrect. Since the Federal tax return has errors and since the State tax return requires a copy of the Federal return, the State return is also incorrect. How is this conundrum to be fixed?