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After you file
Did you have a prior year basis from 2023? If yes, then please see Why am I unable to report my 2023 for 8606 basis?
If you only made a nondeductible traditional IRA contribution for 2024 and don't show an entry on line 1 of Form 8606 then it would be helpful to have a TurboTax ".tax2024" file that is experiencing this issue. You can send us a “diagnostic” file that has your “numbers” but not your personal information. If you would like to do this, here are the instructions for TurboTax Online:
- From the left menu select Tax Tools.
- Then select Tools below Tax Tools.
- A window will pop up which says Tools Center.
- On this screen, select Share my file with Agent.
- You will see a message explaining what the diagnostic copy is. Click okay through this screen and then you will get a Token number.
- Reply to this thread with your Token number and add @DanaB27 . This will allow us to open a copy of your return without seeing any personal information.
The instructions for TurboTax Download:
- On your menu bar at the very top, click "Online"
- Select "Send Tax File to Agent"
- Click "Send"
- The pop-up will have a token number
- Reply to this thread with your Token number and add @DanaB27 . This will allow us to open a copy of your return without seeing any personal information.
We will then be able to see exactly what you are seeing and we can determine what exactly is going on in your return and provide you with a resolution.
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March 1, 2025
4:32 AM