whyesy
New Member

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!!