Anonymous
Not applicable

TurboTax not picking up basis from amended return with updated Form 8606

When preparing 2020 taxes, I realized that Form-8606 from my 2019 return was inaccurate - specifically, I didn't enter my 2019 contribution for the year which I contributed in 2019, but converted to Roth in Jan 2020.    To fix this, I amended the 2019 return from within TurboTax to fix Form-8606,  and there was no change in total tax due for 2019. 

 

However, when going through the 2020 questionnaire   I now entered my (updated) total tax basis from the amended 2019, and TurboTax still says  "Include a brief explanation of why your IRA basis changed with your return".  

 

Questions: 

(1) Shouldn't this no longer be the case since I have amended the return ? Do I need to explicitly ask TurboTax somehow to review the amended return ? 

 

(2) Do I need to still provide the brief explanation ? I'm concerned that this would be confusing to IRS since I've already amended the 2019 return, and the basis should now match what's entered for the 2020 return