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When you are going through the IRA contribution interview (Deductions & Credits > Retirement and Investments > Traditional and Roth IRA Contributions), the software will tell you that you made a non-deductible contribution, and produce a form 8606. This form reports your IRA basis, which you will need next year when you report the conversion.
When you are going through the IRA contribution interview (Deductions & Credits > Retirement and Investments > Traditional and Roth IRA Contributions), the software will tell you that you made a non-deductible contribution, and produce a form 8606. This form reports your IRA basis, which you will need next year when you report the conversion.
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