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Get your taxes done using TurboTax
Assuming that you've been beginning each tax return by transferring in the previous year's TurboTax tax file, either your 2022 Form 8606 showed nothing on line 14 to be carried forward you you inadvertently told 2023 TurboTax that you did not make nondeductible traditional IRA contributions, something that is all too easy to do since TurboTax silently deletes your basis when that happens.
You'll need to amend any tax returns that showed an incorrect application of basis.
‎February 18, 2024
8:03 PM