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TurboxTax desktop version didn't generate Form 8606 correctly
I made a non-deductible contribution of $6000 to my traditional IRA, and after some time, I rolled it over to my Roth IRA, but during this time period, there was a $1.62 earning in my traditional IRA and I only rolled over $6000. So at the end of 2020, I still have $1.62 left in my traditional IRA. I entered the 1099-R and the balance info to TurboTax, but the generated Form 8606 has nothing on Line 6. Looks like it somehow didn't think I have a distribution from my traditional IRA. When I entered all this info in the online version, it was able to recognize the prorated taxable amount, is there a bug in the desktop version?
March 14, 2021
10:35 PM