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jllong
New Member

Roth IRA Basis Tracking Form 8606

I entered my basis for my Roth IRA but Turbotax didn't create Form 8606 for it. How does it track it and where is a form for it?

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3 Replies

Roth IRA Basis Tracking Form 8606

Roth basis is  not tracked on a 8606, only Traditional IRA basis is.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Roth IRA Basis Tracking Form 8606

My understanding is it is tracked on form 8606, Part III.  (There is an IRS worksheet to keep track of all IRA cost basis.

jllong
New Member

Roth IRA Basis Tracking Form 8606

Thanks.  When I used a CPA last year, I received a worksheet for determining Roth IRA basis amounts. What do I use now to continue tracking my basis?

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