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Get your taxes done using TurboTax
What are you entering? A 1099-R? An IRA contribution?
You only generate a 8606 if you:
1) You make a new non-deductible Traditional IRA contribution.
2) You take a distribution from a IRA that has a after-tax "basis".
3) You make a conversion of a retirement account to a Roth IRA
What is your situation? It sounds like it was not entered correctly.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 7, 2020
4:27 PM