Retirement tax questions


@Louise Pope wrote:

1. I have to enter an amount on 8606 but it is not available? Where is it?

 

2. I paid more in 2019 for 2018 property taxes. Where do I enter that?

 

3. Where is the entry for a Safety Deposit Box?

 


Those are 3 totally unrelated questions.

 

1)

The 8606 is available and will be filled out automatically when:

   1) You make a new non-deductible Traditional IRA contribution.
   2) You take a distribution from a IRA that has a after-tax "basis".
   3) You make a conversion of a retirement account to a Roth IRA
If none of those occurred, then the last filed 8606 remains in effect

Why do you need  8606?

2)

Property tax is entered in the Deductions & Credits, Your Home, Property tax.  Or use the Search Topics box for "property tax".

 

3)

Nowhere.   Congress eliminated the Miscellaneous deductions for 2018-2025 with the Tax Cuts and Jobs Act.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**