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Get your taxes done using TurboTax
ok so that 1099-R and 5498 reporting makes sense - no conversion in 2023 only contribution.
The only issue I see with 2023 is lines 13/14 on the 8606, you should check, maybe you just wrote the wrong line number in the other thread - the 8606 should reflect a basis carryover to 2024 on line 14. it's correct for line 8 to be blank in 2023 as there was no conversion.
and for 2024 again to recap I think you have 3 issues:
(1) reflecting the carryover from 2023 of the basis on 8606 line 2
(2) check 2024 contribution was $7000 not $7001 (see 5498 for 2024) on 8606 line 1
(3) reflecting the conversion from the 1099-R on 8606 line 8 - usually an issue with the questions that follow the 1099-R to specify you did a conversion (not a rollover etc).
‎February 24, 2026
3:45 AM