Thank you for the response. I still don't understand why TT is not carrying forward the amount from 2023 so that my basis is properly updated based on my input for 2024. It prompts me to input my contribution and but does not even allow much less prompt for my spouse to do the same. That makes no sense. Shouldn't there be a prompt to add the amount my spouse has contributed to their IRA in 2024 and then include that in an updated basis in their form 8606. Or at the very least the worksheet you keep for your records? In all past years, I have those forms included in my return by TT and nothing is significantly different for me this year but this year it is being ignored. I know I need to keep track of the cost basis for IRAs and expect TT to help me do that properly. If you don't know you need to do that TT is not doing it for you and you will lose track of your basis. This seems like a flaw.
