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If I opened a Roth IRA with a direct rollover from an after tax 401K in 2017, then made some withdrawals in 2017, should lines 22 and/or 24 on form 8606 have basis amts.?
I opened a Roth IRA in March 2017 with a direct rollover from an after tax 401k. I withdrew some money from the Roth IRA in December 2017. When I filed my taxes using TurboTax in February, 2018, form 8606 was created with no entries in form 8606 lines 22 or 24. Should I have input something into one of the TurboTax fields so that the net amount (basis) of the Roth IRA appeared in lines 22 or 24 of form 8606?
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‎June 1, 2019
11:09 AM