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Retirement tax questions
You may need to answer additional questions in your return so that lines 4-13 may be accurately reflected in your return. Try these exact steps:
- Open your return if it isn't already open.
- Inside TurboTax, search for this exact phrase, including the comma: 8606, nondeductible ira contributions
- Select the Jump to link in the search results.
- Proceed through the IRA section, answering questions as you go.
- When you reach the screen Any nondeductible contributions to your IRA? answer Yes, then continue. We'll generate and fill out the 8606 behind the scenes.
- Be sure to answer all the questions accurately and not skip each STEP.
[Edited 02-14-2021|12:37 PM PST]
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‎February 14, 2021
12:36 PM