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Retirement tax questions
Thank you I reviewed your return. You entered the value in the IRA contribution area under Deduction & Credits but for Form 8606/ Taxable IRA Distribution Worksheet you need to enter it in the retirement income section. You need to continue after entering all Form 1099-Rs:
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R”
- On the "Here's your 1099-R info" screen click "Continue"
- On the "Tell Us the Value of Your Traditional IRA" screen enter the value on December 31, 2024.
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April 14, 2025
10:53 AM
1,321 Views