DanaB27
Expert Alumni

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:

 

  1. Click on "Search" on the top right and type “1099-R”  
  2. Click on “Jump to 1099-R”
  3. On the "Here's your 1099-R info" screen click "Continue"
  4. On the "Tell Us the Value of Your Traditional IRA" screen enter the value on December 31, 2024.

 

 

@amit-mahajan12 

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