- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
You entered the 1099-R but are missing the 8606 with the basis that has already been taxed. Once you enter the basis, it won't be taxable.
You need to delete the 1099-R, enter the 8606 or the contribution that isn't deductible, and then re-enter the 1099-R.
Good catch!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 14, 2025
10:08 AM