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Level 1
April 15, 2026
Question

I didn't have a turbo tax 5329 form in yr 2024. yr 2024 form 8606 didn't have line 14 filled in. Can I fix this in yr 2025?

  • April 15, 2026
  • 1 reply
  • 12 views
How can I fix the ira tax basis from yr 2024 form 8606 line 14 in turbo tax 2025?

1 reply

baldietax
Level 12
April 21, 2026

when you enter a non-deductible contribution or 1099-R with Roth conversion, in the following questions you will be asked if you tracked basis in prior years and you can provide the updated basis carryover for your 2025 Form 8606 Line 2.

 

you would then need to file an amended return for 2024 to fix your 2024 Form 8606 Line 14 to match.