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Get your taxes done using TurboTax
TurboTax is behaving correctly. Per the IRS instructions for Form 8606, Form 8606 is only to be included in your tax return if you have made a nondeductible traditional IRA contribution for the year or during the year you have made a regular traditional IRA distribution involving basis in nondeductible traditional IRA contributions, you have done a Roth conversion, or you made a nonqualified distribution from a Roth IRA.
Having done none of these transactions, no From 8606 is to be present in your tax return. Your last-filed Form 8606 is still current in its reporting of your basis in nondeductible traditional IRA contributions that carries forward.
‎February 24, 2024
3:08 PM