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Retirement tax questions
@DFH wrote: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.
Yeah that happened to me when I was doing my friend's return one year. I must have answered no and it stopped carrying over the 8606 info. A couple years later when I realized it I Amended the returns for it and she got refunds. After I figured out the amount from the prior year I was able to answer Yes and enter it and continue on.
July 6, 2020
4:25 PM