8606

Forum|Forum|6 years ago
February 1, 2020
4 replies
35 views

I have worked thru all the steps for my IRA and have not been asked about nondeductible contributions and no 8606 forms have been generated. What should I do?

valeriecitino

Level 2

When will you have this form available? I'm filing taxes and I cannot efile because I need this form?

thank you!

DoninGA

Level 15

Form 8606, Nondeductible IRAs - 02/12/2020

https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_online_individual.html

ocfootballknut

Level 2

The link to the form release dates said 2/12 until today. But as of 2/11 that form number is missing from the link provided !

frankidgaf

Level 3

Below is the excuse I received in an email--

My RESPONSE: HOW COME H&R BLOCK Software managed to have in NOW?

Email from Turbo Tax:

Re: Form 8606 Availability

Because e-fileing does not use paper forms - it transmits encrypted data in the exact format specified by the IRS/State or the IRS/State could not read it. The IRS/State first finalizes the paper form, then writes the e-file specifications and gives that to e-file providers to develop their software. Then the IRS/State must test with the e-file providers and approve the electronic forms before they can be released so that both ends are compatible. That process usually takes several weeks after the paper version has been released.

Ramwiz

Level 3

Thats just BS.....there is no reason form 8606 is not ready...you just keep pushing it back....its been 3 weeks since the irs finalized form 8606 so there goes your argument about "it takes 2 weeks to get it ready" just please refund my money and I will file elseware

Anonymous

Same issue here and now it's 02/12/2020 already...

mesquitebean

Level 15

@ laurie99

It's possible the Form 8606 will be available today. It was previously projected for today 2/12/20. If so, a form availability update can happen any time during the day. It doesn't happen right after midnight.

At the moment, however, the Form 8606 is not showing in the availability table. That could mean it's being updated.

In any case, I've notified a Moderator that it's not displayed, and they will get my message this morning.

Check back later in the day during business hours.

jpmd

Level 2

Updated late this afternoon and Form 8606 now seems available. However, no calculated data shows up in lines 6 through 12 though I’ve filled out 1099-R correctly and the form calculates a value for line 13 (the nontaxable portion of the IRA distribution used for the conversion). IRA information Worksheet is completed and shows correct totals for year end value. Why can’t I see any calculated values in lines 6-12?