I entered my non-deductible contribution as well as the 1099-R which shows the conversion of the account to a Roth. However, when I look at 8606, it is not completing lines 4-13 which are required if there is a Roth IRA conversion. Why?
You'll need to sign in or create an account to connect with an expert.
You may need to answer additional questions in your return so that lines 4-13 may be accurately reflected in your return. Try these exact steps:
[Edited 02-14-2021|12:37 PM PST]
When you do both a nondeductible traditional IRA contribution and a traditional IRA distribution in the same year, TurboTax sometimes needs to do the pro rata calculation on Worksheet 1-1 of IRS Pub 590-B instead of using lines 6 through 12 of Form 8606. This is indicated by an asterisk next to lines 13 and 15 of Form 8606 and this worksheet being present in your tax file.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
zzz8881
New Member
VAer
Level 4
thendric1956
Returning Member
frankiestylez
Returning Member
dkonol2
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.