I am having this same issue. I press the "continue" and it will not advance. I'm using the Home & Business version.
This issue is made worse by the fact that it does not create an error code. When I run "Smart Check", it says "Congratulations! We reviewed your federal return and found no errors". Because "step by step" does not lead me to the input screen where you enter the value of your IRAs at 12/31 24, TurboTax is taking almost the entire basis of my nondeductible contributions into taxable income. In my case, it's about a $4,500 error.
I can't believe TurboTax is recommending going into the form itself to do the input or override. I would be OK with that answer if this situation had created an error. And then an entry on the form got rid of the error. But that is not the situation here. The obvious danger here is that the uneducated taxpayer will think that "step by step" has led them through all the input necessary for Form 8606. And when "Smart Check" says they have no errors in their return, they will file their returns.
I think TurboTax needs to get this corrected quickly before e-filing begins on January 27th.
Thanks.
Tom
