One piece of info needed to have TurboTax generate Form 8606 (line 6 on the form) is the value of the IRA account at 12/31/22. Where doe TurboTax ask for this?
I have alread competed the TurboTax section on IRA Contribution Information. The value of the IRA account was not requested there.
01672
1 Best answer
dmertz
Level 15
Jul 2, 2023 11:39:07 AM
TurboTax asks for this after you click the Continue button on the page that lists the Forms 1099-R that you have entered (assuming that the Forms 1099-R include at least one that has the IRA/SEP/SIMPLE box marked).
1 Replies
dmertz
Level 15
Jul 2, 2023 11:39:07 AM
TurboTax asks for this after you click the Continue button on the page that lists the Forms 1099-R that you have entered (assuming that the Forms 1099-R include at least one that has the IRA/SEP/SIMPLE box marked).