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sands-jat
New Member

Should Part I, lines 8-11 of Form 8606 be populated for a nondeductible contribution made to a traditional IRA then converted to a Roth IRA? TT did not populate.

 
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dmertz
Level 15

Should Part I, lines 8-11 of Form 8606 be populated for a nondeductible contribution made to a traditional IRA then converted to a Roth IRA? TT did not populate.

If lines 13 and 15 have an asterisk, it means that TurboTax tax used the separate Taxable IRA Distribution Smart Worksheet to do the calculation because you made traditional IRA contributions and distributions in the same year.  TurboTax leaves lines 6 through 12 blank if it uses the separate worksheet.

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dmertz
Level 15

Should Part I, lines 8-11 of Form 8606 be populated for a nondeductible contribution made to a traditional IRA then converted to a Roth IRA? TT did not populate.

If lines 13 and 15 have an asterisk, it means that TurboTax tax used the separate Taxable IRA Distribution Smart Worksheet to do the calculation because you made traditional IRA contributions and distributions in the same year.  TurboTax leaves lines 6 through 12 blank if it uses the separate worksheet.

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