jtax
Level 10

Retirement tax questions


@Still-puzzled wrote:

^ But as a first-time user of TT Online (previously used an accountant -- no prior TT product), how do I get my old carryovers "into" TT without filing a new Form 8606?  I have carryovers for taxpayer and spouse tIRA basis and for taxpayer and spouse Roth conversion/Rollover basis.  These have just been swept along in the background for my "General Information" in my CPA's software.  Thanks!

 

 


Good questions. I find it much easier to find the right place for this in the PC/Mac download software. See below for the IRA worksheets. 

 

For Traditional IRA basis (in either download on online), TT will ask you about your IRA basis after you enter any 1099s. See the first screenshot below. Answer yes and TT will let you input your basis and even help you figure it out. (Except for inherited IRAs).

 

Perhaps someone else can tell you where to find the roth contribution carryover entry area from the interview,

 

 
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