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Form 8606
Both my Federal and State tax returns have been filed and accepted.
It has now come to my attention that Form 8606 has an error. Line 6 of the form was left blank. It should have contained the value of my traditional IRA at the close of December 31, 2022. This information was accessible to Intuit turbotax so I don't understand why it wasn't properly entered on the form.
The Form 8606 error means that Form 1040-SR line 4b is incorrect. Consequently, the adjusted gross income is incorrect.
Since the Federal tax return has errors and since the State tax return requires a copy of the Federal return, the State return is also incorrect.
How is this conundrum to be fixed?
‎February 27, 2023
5:43 PM