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Community Basics
Follow these steps:
- open to federal income
- locate the 1099-R section and edit
- edit the 1099-R,
- continue through to summary screen showing all 1099-R forms.
- continue through as the program asks a series of questions about the money.
- continue until you reach Traditional IRAs, select Yes to did you make nondeductible contributions in prior years.
- enter the basis on Dec 31, 2024 - before you moved the money
- continue
- enter value on Dec 31, 2025 and continue answering relevant questions
- the 8606 will be filled in and your forms should flow
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2 weeks ago