Form 8696 line 6 generated by TT Online is wrong, can't figure out how to change it. Please advise how to get TT to display the question 'Enter EOY value of trad IRA'.

[MaryK4]

Follow these steps:
 

1. In the left menu, select Federal, then  Income.
2. Scroll to Retirement Plans and Social Security and select Revisit next to IRA, 401(k), Pension Plan Withdrawals (1099-R).
3. You will come to a 1099-R summary page, click Continue here. 
4. Answer the follow-up questions until you reach "Any nondeductible contributions to your IRA?" Select Yes.
5. On the "Let's find your IRA basis" screen, enter your basis from your previous year's Form 8606, Line 14.
6. The very next screen should be titled "Tell us the value of your traditional IRA". This is where you enter the total value of all your traditional, SEP, and SIMPLE IRAs as of December 31, 2025.

[janjanson9]

I got to the nondeductible contributions page and said yes. The next screen did not ask about IRA value, instead asked about Roth.

Please advise.

Jan

[DaveF1006]

If the software is skipping the "Value of your IRA" screen and jumping to Roth questions, it usually thinks you didn't have a distribution or a conversion that triggers the pro-rata rule.

Here is how to troubleshoot and force that entry:

1. Check your 1099-R Entry

1. Line 6 of Form 8606 usually triggers because you took money out of a Traditional IRA (either as a withdrawal or a conversion to a Roth).
2. Go to the Wages & Income section.
3. Find Retirement Plans and Social Security (1099-R).
4. Ensure your 1099-R is entered correctly. If you did a Backdoor Roth, make sure the "Box 7" distribution code is handled as a "conversion to a Roth IRA" during the follow-up questions.

2. The "IRA Explanation Statement" Workaround

If the software isn't prompting you for the December 31st value, try these steps to "jog" the interview:

1. Go to Deductions & Credits. 
2. Select Traditional and Roth IRA Contributions.
3. Even if you didn’t make a new contribution for the current year, walk through this section.
4. Look for a screen titled "Any Nondeductible Contributions to your IRA?" and select Yes.
5. This should eventually lead to the "Value of your Traditional IRA on December 31, 2025" screen.

3. Why Line 6 Might "Look" Wrong

1. Line 6 represents the total value of all your non-Roth IRAs at the end of the year. 
2. If you emptied your accounts: If you did a full conversion and had $0 left in your Traditional IRA on Dec 31, Line 6 should be 0.
3. The Pro-Rata Rule: If you have other Traditional IRAs sitting elsewhere (like an old 401k rolled into an IRA), those must be included in the total value on Line 6, even if you didn't touch them this year.