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?

759

Level 15

Mar 1, 2021 4:09:30 PM

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

New Member

Mar 1, 2021 4:17:06 PM

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

New Member

Mar 1, 2021 4:17:10 PM

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?