To enter prior years' IRA contributions in TurboTax Online:
- Open or continue your return.
- Go Deductions & Credits
- Scroll down to Traditional and Roth IRA Contributions
- Click on Start
- If you have 2024 contribution, enter it. Otherwise leave the entries blank and Continue
- Answer the Excess Contribution Question
- On the next screen you will be able to enter your nondeductible Traditional IRA Contributions.
Nondeductible IRA contributions are supposed to be reported on Form 8606. If you did not complete and file Form 8606 with your tax return, you can manually prepare a Form 8606 for each year you did not file one and mail them to the IRS. Form 8606 can be filed as a stand alone form if not filed with the tax return.
Roth IRA contributions are not reported on your tax return, but you should track them yourself.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
