@gjm123 wrote:
Line 11 of the IRA Contributions Worksheet, contributions made to Trad IRA in 2020Q1, does not seem to be transferred to line 4 of Form 8606. I had to override line 4 on 8606. Am I missing something?
Further testing shows that you are correct if the contribution is the only entry because line 4 on the 8606 is not needed for any calculations. If you also have a 1099-R for a distribution then lines 4-15 will populate to calculate the proper taxable amount.
**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.**
