Awesome thank you so much.
After filling 1099-R seeing that Turbo-tax generated 8606 form "Nondeductible IRA", looks like this is correct, but Fidelity letter that I have received that indicates I may need to file IRA form 5329 with my tax return. Do I have to file 5329 or 1099-R [8606] is sufficient ? if needs to file 5329 then how can I do it in Turbo-Tax Delux if you can guide ?
