- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
this is required by IRS for Form 8606 where this pro rata calculation occurs to determine how much of your conversion is taxable - see Line 6.
https://www.irs.gov/pub/irs-pdf/i8606.pdf
Turbotax will suggest you need 5498s which don't generally come until May but per IRS instructions you should use your 12/31 brokerage statements.
‎February 14, 2026
3:14 PM