NSYC
Returning Member

TT calc non-deductible ira on F8606 for last 2 yrs, but no amt in either F1040 lines 15b or 32. Thus was taxed on full amt of RMD. What do I do to correct errors?

have used TT for 10 yrs & started my RMD in 2014.  TT prep F8606 with correct info from prior yrs, but did not xfer amt from F8606 line13 to F1040 line32 or report any adjusted amt on line 15b. Same for 2015, except an additional problem in F8606 calc due to missing 2015 yr end total IRA amt.  Hence when I start work on 2016 tax, I have zero non-deductible IRA carried forward.  Do I have to amend 2014 & 2015 tax returns, or can I simply start in 2016 with my beginning non-deductible amt?  If TT is not filling in lines 15b and 32 on F1040, can I type the amt in?