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Retirement tax questions
@DanaB27
it's for me and my spouse so 2 form 8606 but yes. he converted his 2023 in 2024 and contributed to his 2024 as well; I converted my 2023 and contributed (and converted) my 2024 both in 2024. Looking at his line 1 8606 it is 7000, line 2 total basis in IRAs (turbotax seemed to track/pull this number from 2023) was 6896. Line 3 was the sum of both at 13896. My line 1: 7000; line 2 6500, line 3 then was13500. Part II on 8606 doesn't seem to have number from either of us, although I swear I did all the above steps as instructed....I suspect this is where the problem is coming in?
‎April 4, 2025
2:39 PM