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Does Turbotax calculate and apply a 8606 result (line 15c) to a 1099-R taxable distribution, or do I do that?

 
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dmertz
Level 15

Does Turbotax calculate and apply a 8606 result (line 15c) to a 1099-R taxable distribution, or do I do that?

TurboTax automatically prepares Form 8606 and calculates line 15c provided you have entered everything correctly, including clicking the Continue button on the Your 1099-R Entries page and answering the question there.

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1 Reply
dmertz
Level 15

Does Turbotax calculate and apply a 8606 result (line 15c) to a 1099-R taxable distribution, or do I do that?

TurboTax automatically prepares Form 8606 and calculates line 15c provided you have entered everything correctly, including clicking the Continue button on the Your 1099-R Entries page and answering the question there.

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