turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

No value on line 8. Form 8606?

On my Online tax return (tax year 2021) there is no value placed on line 8 of my Form 8606.   Turbo tax auto inserted all values on this form.   Do I need to correct this?   I was under the impression that I need to put the full amount that I converted (back door roth conversion).  RE:  8 Enter the net amount you converted from traditional, SEP, and SIMPLE IRAs to
Roth IRAs in 2021. Also, enter this amount on line 16....... Oh, and I now see that line
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 Best answer

Accepted Solutions
dmertz
Level 15

No value on line 8. Form 8606?

The asterisks next to lines 13 and 15 are indicating that TurboTax is using Worksheet 1-1 from IRS Pub 590-B to calculate the nontaxable and taxable amounts of the Roth conversion.  Because it's using this worksheet, TurboTax leaves lines 6 through 12 of Form 8606 blank.

View solution in original post

3 Replies

No value on line 8. Form 8606?

I see that Turbo Tax cut off my explanation.   So, in short.  Lines # 8 and #11 are blank.. Line #13 does have the full dollar amount of my back door Roth conversion. 

dmertz
Level 15

No value on line 8. Form 8606?

The asterisks next to lines 13 and 15 are indicating that TurboTax is using Worksheet 1-1 from IRS Pub 590-B to calculate the nontaxable and taxable amounts of the Roth conversion.  Because it's using this worksheet, TurboTax leaves lines 6 through 12 of Form 8606 blank.

No value on line 8. Form 8606?

THANK YOU...........👌

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question