- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
8606 form. In 2016 and 2017 Line 6 was left blank. Should I be entering the total IRA value on LIne 6? Has Turbotax supported making this entry in the step-by-step?
My total IRA value was large and I had about $45K in non-deductible contributions. With 8606-Line 6 blank, the taxable portion of my RMD was significantly reduced. With Line 6 filled in, only a very small percentage of the RMD is tax free. Must Line 6 be filled in? Turbotax did track my non-deductible contributions for a couple of decades. I do not recall that Turbotax asked for the total IRA value. Did Turbotax ask and I just missed the question?
Topics:
‎June 5, 2019
4:50 PM