turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes & Forms (2024) on Mar 19! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How do I get Turbo Tax to create a Form 8606 so I can detail my Non Deductible IRA cost basis if I didn't make any contributions or withdrawls this year?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MinhT1
Employee Tax Expert

How do I get Turbo Tax to create a Form 8606 so I can detail my Non Deductible IRA cost basis if I didn't make any contributions or withdrawls this year?

You do not need to file form 8606 for a tax year in which you didn't make any non-deductible IRA contributions or IRA withdrawals, as your IRA basis is not affected. 

 

As far as IRAs are concerned, the form 8606 for such a year would be exactly the same as the last form 8606 filed.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question