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Get your taxes done using TurboTax
Yes, I can see the 8606; however, there are definitely issues with it.
Here is the sequence of questions Turbotax leads me through:
1. Is this a repayment? No
2. Amount of contributions you put into a traditional IRA in 2025? $6,600
3. Amount switched from traditional IRA to Roth IRA? $6,600
4. Enter recharacterization information:
Original Date of Contribution ... done throughout year so no way to enter one date
Recharacterization Date ... same as above
Recharacterization Reason ... convert to Roth
Amount Transferred ... $6,600
5. Did you contribute more than allowed for 2024 or prior? No
6. Did you have any NON-decutible contributions to your traditional IRA from 2024 or prior? No
There is no place to put any non-deductible data for 2025. I think that is the problem unless I am missing something.
I have deleted everything and started again but nowhere does it allow for 2025 non-deductible information.
Also, on the Form 1040, line 4b it lists all the contribution as taxable and 4c does not have a "Rollover" checked.
I hope this gives you some insight into what I am doing wrong ... or the software is doing wrong. Driving me crazy!!