@MarilynG1
Thank you for your response and it makes sense. However it does not answer my question or resolve my confusion.
That being said, I did some testing in TT and this is what I came up with (still does not an answer my question):
- If I have both, an IRA Contribution and an IRA Conversion/Distribution, TT generates Worksheet 1-1 (called Taxable IRA Dist Worksheet) and the results of Worksheet 1-1 flow into form 8606 with an asterisk*
- If I have no IRA Contribution, but do have an IRA Conversion/Distribution, TT solely uses form 8606 directly (and Worksheet 1-1 Taxable IRA Dist Worksheet does not enter the equation and not generated)
- If I have no IRA Conversion/Distribution, then neither form/worksheet is generated
I am okay if this topic is closed since after 2309 views as of this writing, you have had the only reply.
Thank you
