It depends if your wife made a non-deductible contribution, conversion or took a distribution. If not, there is no 8606 generated this year, thus last year's 8606 remains the same this year. The software tracks her basis in the background so it's ready for the year she finally takes a distribution, makes a non-deductible contribution, or makes a conversion.
- Form 8606-T (You): Generated because you had active movement or a new contribution.
- Form 8606-S (Spouse): Not generated because she had no "taxable event." This is normal and follows IRS rules. You simply carry forward your 2024 Form 8606 for her as your proof of basis until she has a year with activity.
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