Retirement tax questions

To report your 2023 non-deductible Traditional IRA contribution on Form 8606, please follow these steps from this TurboTax Help Article:

1. Sign in to your TurboTax account
2. Open your return if it’s not already open
3. Select Federal from the menu, then Deductions & Credits
4. Locate the Retirement and Investments section and select Start next to Traditional and Roth IRA Contributions
5. Check the Traditional IRA box and select Continue
6. Answer No to the question, Is This a Repayment of a Retirement Distribution?
7. On the screen, Tell Us How Much You Contributed, enter the amount contributed and select Continue
8. Answer No on the screen Did You Change Your Mind?, then answer the questions on the following screens.
9. When you reach the Choose Not to Deduct IRA Contributions screen, select Yes, make part of my IRA contribution nondeductible, enter the amount you contributed, then select Continue. If none of your contribution can be deducted, you won't see the option to make part of it nondeductible. Instead, the full amount of your contribution will automatically be nondeductible.
10. Select Continue on the Your IRA Deduction Summary screen

Yes, you can convert both your 2023 and 2024 contributions in 2024.