@madhavvi wrote:
Is there a possibility of TurboTax including worksheet in tax return to avoid IRS questions given this may result in a more favorable tax treatment for non deductible contributions as part of a Roth back door conversion than instructions on form 8606?
In my case taxable part of conversion is $0 following worksheet but is approx $100 (due to $103 balance in a SEP IRA at end of 2020) if I followed instructions on form 8606.
That is the reason that most tax software providers are using the worksheet now.
The worksheet is there if you print all form and worksheets or use the forms mode with the desktop version.
It is not included as part of the tax return because the IRS has not made it a form and there are no e-file specifications (schemas) for it. TurboTax cannot submit anything to the IRS that the IRS e-file computer is not programed to accept. If you mail file you can print it and attach it to your paper return.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
