I had a non-deductible IRA contribution for this tax year. How do I add my prior year basis (i.e update form 8606 line 2)?

[MindyB]

After you enter your IRA contributions in the Traditional IRA and Roth IRA input section of Deductions & Credits, you can continue through the interview questions.  You will be asked if you made any nondeductible contributions to your IRA, say yes, and continue through the interview to input your basis.

[snownow]

I'm using the Mac desktop version of TurboTax and this question is not asked of me. Thus when it generates the form 8606, the prior year basis on line 2 is 0 which is incorrect. How do I get help to fix this if my product is not working?

[MindyB]

If the question is not appearing for you, you are being impacted by a current issue our development team is working on.

Sign up for updates here: Why am I unable to report my 2023 for 8606 basis?