I appreciate your knowledge can I ask another question? I entered my numbers this morning for the trad ira/roth section. I don’t think form 8606 was automatically created so I used the tools tab and searched for 8606 and it prompted information to be completed. I checked off all four boxes for traditional and Roth IRA‘s owned for me and my wife, and followed the prompts. Am I supposed to enter contributions for traditional IRA and a Roth IRA because when I did that and went to the end it said I had exceeded my contributions and needed to pull out our 7000 and $8000 contributions that we had exceeded the limits. I did max out my account and converted the entire amount, when I went back in and deleted the Roth contributions. It seemed to be OK. It just told me this time that I wouldn’t get the deductions because we’re over the income limit. Did I fill this out correctly? I dont remember seeing anything that asked me specifically “were these contributions converted to an Roth” per se. does this sound right and Is there a way to view and confirm it created an 8606 before I pay for it and file? I used the tools tab print and view but it prompts me to pay first. Thanks so much!
