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Why doesn't form 8606 on federal populate with my Roth and Traditional to Roth conversion basis amounts on lines 22 and 24?

I've tried deleting and re-adding my 1099-R for the Traditional to Roth conversion to see if it will then populate but it didn't. I wasn't sure if this was something that should populate or only gets populated when you take a distribution? Do you not need to report your basis on the 8606 every year when you do a backdoor to Roth?
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Accepted Solutions
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Why doesn't form 8606 on federal populate with my Roth and Traditional to Roth conversion basis amounts on lines 22 and 24?

Part III of Form 8606 is only to be prepared if you received a nonqualified distribution from a Roth IRA.

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1 Reply
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Why doesn't form 8606 on federal populate with my Roth and Traditional to Roth conversion basis amounts on lines 22 and 24?

Part III of Form 8606 is only to be prepared if you received a nonqualified distribution from a Roth IRA.

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