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Get your taxes done using TurboTax
Can you verify that your Form 1099-R entry has the IRA/SEP/SIMPLE box checked? If you imported/uploaded the Form then you might need to delete it and enter it manually.
I assume you also didn't get the "Any nondeductible Contributions to your IRA?" screen after you entered all Form 1099-R and clicked "Continue"?
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R”
- Click "Continue" and enter the information from your 1099-R
- On the "Review your 1099-R info" screen click "Continue"
- Answer "Yes" to "Any nondeductible Contributions to your IRA?" if you had any nondeductible contributions in prior years.
- Answer the questions about the basis from line 14 of your 2023 Form 8606 and the value of all traditional, SEP, and SIMPLE IRAs
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March 10, 2025
7:32 PM