- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
You need to enter the non-deductible traditional IRA contribution in TurboTax and indicate that it is non-deductible. You need to be careful when answering the questions regarding basis in traditional IRA's in prior years and non-deductible contributions in prior years. Also, you need to enter the correct balance in your IRA at the end of the current year. I think you must be answering one of those questions wrong, they are used to determine the taxation on your distribution when you enter the Form 1099-R.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 11, 2025
6:34 AM