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.

ezfridman
Returning Member

Where is 8606 form?

what is (We'll automatically generate and fill out Form 8606 "(Nondeductible IRAs) if you reported any of these on your tax"
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.

5 Replies

Where is 8606 form?

Why do you think that you need a 8606?

 

You don't normally enter a 8606 itself. It is automatically created when:

1) You make a new non-deductible Traditional IRA contribution.
2) You take a distribution from a IRA that has a after-tax "basis".
3) You make a conversion of a retirement account to a Roth IRA

If none of those occurred, then the last filed 8606 remains in effect

There are some circumstances when a 8606 must be files for other reasons and might require filing a stand-alone 8606.

https://ttlc.intuit.com/questions/1899503-what-is-form-8606-nondeductible-iras-used-for

**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.**

Where is 8606 form?

Not true.  I have a portion that is deductible.

Where is 8606 form?


@7vsapgt8y wrote:

Not true.  I have a portion that is deductible.


What do you think is not true?

Explain what you mean a "portion that is deductible"?

 

If you mean you have a Traditional IRA contribution and it is only partly non-deductible then that part will be on a 8606 line 1.

**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.**
Louise Pope
Returning Member

Where is 8606 form?

1. I have to enter an amount on 8606 but it is not available? Where is it?

 

2. I paid more in 2019 for 2018 property taxes. Where do I enter that?

 

3. Where is the entry for a Safety Deposit Box?

 

Where is 8606 form?


@Louise Pope wrote:

1. I have to enter an amount on 8606 but it is not available? Where is it?

 

2. I paid more in 2019 for 2018 property taxes. Where do I enter that?

 

3. Where is the entry for a Safety Deposit Box?

 


Those are 3 totally unrelated questions.

 

1)

The 8606 is available and will be filled out automatically when:

   1) You make a new non-deductible Traditional IRA contribution.
   2) You take a distribution from a IRA that has a after-tax "basis".
   3) You make a conversion of a retirement account to a Roth IRA
If none of those occurred, then the last filed 8606 remains in effect

Why do you need  8606?

2)

Property tax is entered in the Deductions & Credits, Your Home, Property tax.  Or use the Search Topics box for "property tax".

 

3)

Nowhere.   Congress eliminated the Miscellaneous deductions for 2018-2025 with the Tax Cuts and Jobs Act.

**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.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question