topic Should I correct my IRA Basis Roth adjustments Worksheet ? in Get your taxes done using TurboTax

Should I correct my IRA Basis Roth adjustments Worksheet ?

lg171 — Sat, 28 Feb 2026 17:11:07 GMT

I see on the IRA basis worksheet - Roth IRA Basis adjustments Turbotax 2025 shows that there is a basis on my Roth IRA. This idea of basis on my Roth had me confused as I have already met the conditions for any Roth withdrawals to be tax free.

1.This appears to have happened a couple of years ago. I rolled over a Roth IRA into another Roth IRA which had existed and been added to for more than 5 years. I am also over 69 1/2. I now understand that Turbotax probably started offering to calculate the Roth basis only several years ago.

2. There was also a separate Roth contribution on which a partial recharacterization of a Roth contribution to a Traditional IRA was necessary This initial Roth contribution is also showing up incorrectly added to the basis of my Roth. The recharacterization was done correctly on the 8606 and added to my Traditional IRA basis properly.

Since all of my Roth contributions and earnings will now be tax free when withdrawn do I just ignore the basis listed or will that be a problem with Turbotax tax calculations later on?

Re: Should I correct my IRA Basis Roth adjustments Worksheet ?

DanaB27 — Sun, 01 Mar 2026 16:14:06 GMT

Yes, you can ignore your Roth IRA basis.

All your distributions are tax-free Qualified Distributions since you are over 59 1/2 and had the Roth IRA for more than 5 years. You can skip the question when TurboTax asks about your prior contributions.

Re: Should I correct my IRA Basis Roth adjustments Worksheet ?

lg171 — Sun, 01 Mar 2026 19:35:46 GMT

Thanks! Since the Roth basis was added several years ago should I remove the Roth basis info on the IRA worksheet? Maybe Turbotax might use the Roth basis when I start withdrawing funds from the Roth. If it won't or will let me easily override it, then I'll just make a note to ignore that incorrect basis in the future.

Re: Should I correct my IRA Basis Roth adjustments Worksheet ?

DanaB27 — Sun, 01 Mar 2026 20:22:31 GMT

You can delete it if you want but it isn't necessary, since your Form 1099-R should have code T or Q which will tell TurboTax, with the 5 year follow-up question, that this is a Qualified Distribution and to ignore the prior contribution question.

Re: Should I correct my IRA Basis Roth adjustments Worksheet ?

lg171 — Sun, 01 Mar 2026 21:15:52 GMT

Thanks