clayton
New Member

Turbo tax has a different IRA basis than my calculations. The calculation is wrong in 2013. How do I fix it?

On Form 8606, the carryover basis is incorrect.  I have traced the problem back to 2013 when Turbo Tax carried forward an inexplicable amount from the 2012 return.

I can enter the correct basis on the 2018 Form 8606, but the program wants to understand why the beginning balance doesn't reconcile with the carry over amount.  The available explanations aren't suitable.  How do I fix it?