dmertz
Level 15

Retirement tax questions

Do you have 2024 transactions that are required to be reported on Form 8606?  If not, TurboTax is properly omitting Form 8606 from your 2024 tax return.  Otherwise, the amount from line 14 of your 2023 Form 1099-R should be present on line 2 of your 2024 From 8606.

 

Check TurboTax's IRA Information Worksheet to see if your Basis for 2023 and earlier years agrees with the amount on line 14 of your 2023 Form 8606.