NJ247
Returning Member

Having issues with Form 8606 - It is taking a portion of the roth conversion as taxable

Hi, 

 

I have been struggling to make form 8606 in Turbotax file properly.

 

Here is the situation.

1. I made a non-deductible contributions for 2018 and 2019 in Mar-2019 for $6500 and $7000 respectively.

2. Then I rolled over these contributions to Roth IRA.

3. When I am filling the information in Form 8606, it is treating only a portion of the contributions as non-taxable conversion and other portion to be taxable conversion (where it should treat the entire conversion as non-taxable).

 

Anyone, else running into this issue?

 

Thanks