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Form 8606 Line 4 error
My spouse and I each made payments to traditional IRAs in the spring of 2023 for the 2022 tax year, that we plan to do backdoor Roths with. We entered the amount in the IRA deductions section of the turbotax software correctly, and the software generated form 8606 for each of us as it should.
HOWEVER - when we went to file and reviewed the return, there was an error. Line 4 of form 8606 (the amount contributed between Jan 1 and Apr 18, 2023) is blank - and it should have the amount that we contributed on it. I cannot figure out how to edit that line in the tax return to correct it. Seems like a bug in the system...any suggestions?
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March 25, 2023
11:06 AM