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Turbotax does not generate 8606 for qualified contribution
I did a backdoor contribution (contributed to IRA, then convert to roth IRA) in 2024. Filled out all the information correctly, Turbotax accurately characterized my contribution as "nondeductible" and "$0 taxable", but it didnt generate form 8606 automatically. Turbotax said this is a known issue and they're working on it.
Do I need to file the form separately manually or should I wait until Turbotax resolve this issue?
Topics:
March 15, 2025
2:49 PM