If you have non-deductible contributions to IRA's in prior years, then you have to enter the aggregate balances of your IRA accounts as requested in TurboTax. One reason for this is so that your Form 8606 is populated properly and to insure the correct treatment of your rollover contributions to the Roth IRA.
You need to enter the non-deductible IRA contribution in the IRA entry screens in the Deductions and Credits section.
You would combine the entries on your Forms 5498 to account for having more that one IRA.
To view your form 1040 and schedule 1 to 3:
- Choose Tax Tools from your left menu bar in TurboTax Online
- Choose Tools
- Choose View Tax Summary
- See the Preview my 1040 option in the left menu bar and click on it
- Choose the Back option in the left menu bar when you are done
[Edited 2/19/25 at 1:52 PM PST]
@GVZ
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
