Box 4 on the 1099-R is FEDERAL INCOME TAX WITHHELD with $0.00 inserted. Box 7 Distribution Code has 7 inserted. The IRA/SEP/SIMPLE box is checked.
Friday night I deleted my 2020 traditional IRA 1099-R from my TurboTax software and started from scratch. I once again followed the Two Step Back Door Traditional IRA Conversion to ROTH IRA and both steps worked perfectly, the $100,000 conversion shows on an 8606, the $25,000 distribution is as it should be, I made sure not to mark anything as an RMD and the $2,700 charitable donations I made directly from my traditional IRA are there.
When looking at my Forms list I see a red ❗️exclamation point next to Form 8606. There is nothing filled out in 8606: Part One. My $100,000 ROTH IRA conversion shows in 8606: Part Two. Is there something I need to manually enter to get the 8606 accepted when I eFile?
Your help has gotten me through a difficult step.....3 days of attempts and lots of reading. 🤓 Hopefully I can do something to my 8606 to make that ❗️disappear. 🙏🏽
