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Retirement tax questions
Wyldaisy, it seems that you have entered everything correctly. TurboTax separately asks for nondeductible traditional IRA contributions made for years prior to 2020 (none in your case) and your nondeductible traditional IRA contribution that you made for 2020 (which you have entered and ends up appearing on line 14 of Form 8606 to carrying forward to line 2 of your 2021 Form 8606 where the taxable amount of your Roth conversion will be determined).
March 7, 2021
1:46 PM
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