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Retirement tax questions
Sorry but this did not work. Does form 8606 on turbotax automatically populate the basis on line 2 from the previous years return? this form does not seem to be populating correctly.
-I have answered the question 'have you made and tracked non deductible contributions' as yes and entered my basis of 6500. Line 2 on my 8606 is still blank.
-lines 6-12 are all left blank. line 17 says enter the amount from line 11 which is lank but is populating as 7000.
-I answered that I have converted the entire 14'867 to ROTH and 8606 line 8 is still blank, but line 16 shows 14867.
March 31, 2025
12:24 PM