DFH
Level 3

Retirement tax questions

 (although TurboTax has been known to "loose" that carry forward - I believe 2012 was such a problem year for a few taxpayers - including me).

 

From what I’ve read on this Forum, answering the nondeductible contributions question “No” causes TurboTax to discard its record of IRA basis in any year.

 

Have you any idea why, when I tried entering a test Traditional IRA from the location in TurboTax that you specify (in your initial reply) in the interview, TurboTax failed to ask me the nondeductible contributions question?  I tried closing the program and then re-launching it to no effect.

 

Since I now can’t get TurboTax to ask me the nondeductible contributions question, even for a ‘new’ IRA, do you have any guidance on how to correct the fact that when asked, I incorrectly answered the nondeductible contributions questions “No” with respect to all my Traditional IRAs?  I would like TurboTax to produce Form 8606 and include it in the electronic package to the IRS in 2019 and future years, which it has not be doing.