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xwangst
New Member

I had a Roth conversion in 2023. After I input the information, why nothing shows up on line 8 or line 16 on From 8606? How do I input a number on Line 8?

 
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1 Reply
DanaB27
Expert Alumni

I had a Roth conversion in 2023. After I input the information, why nothing shows up on line 8 or line 16 on From 8606? How do I input a number on Line 8?

Please verify the steps for entering the Roth conversion in TurboTax Online:

 

  1. Click on "Search" on the top right and type “1099-R”  
  2. Click on “Jump to 1099-R”
  3. Click "Continue" and enter the information from your 1099-R
  4. Answer questions until you get to “Tell us if you moved the money through a rollover or conversion” and choose “I converted some or all of it to a Roth IRA
  5. On the "Review your 1099-R info" screen click "Continue"
  6. Answer "Yes" to "Any nondeductible Contributions to your IRA?" if you had any nondeductible contributions in prior years.
  7. Answer the questions about the basis from line 14 of your 2022 Form 8606 and the value of all traditional, SEP, and SIMPLE IRAs

 

Please note if you have a * next line 13 and 18 then TurboTax is using the Taxable IRA contribution worksheet and lines 6 to 12 will be blank.

 

Please see How do I enter a backdoor Roth IRA conversion? for additional information.

 

 

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