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Get your taxes done using TurboTax
If you indicate that you made (or will make) a contribution to a Roth IRA, TurboTax will ask you want the program to track your Roth IRA basis. If you indicate yes, it will ask you how much your prior contributions were. It will also ask about Roth IRA Conversions. Going forward, as long as you are preparing your tax returns with (the same account) TurboTax, the program will track your basis. That said, it would be a good idea for you to track it separately in case you change accounts or use a different method of tax preparation.
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‎February 15, 2024
1:45 PM