topic Re: Transfer Form from Previous Year File in Get your taxes done using TurboTax

Transfer Form from Previous Year File

ZpTax — Mon, 01 Mar 2021 20:24:17 GMT

While using interview mode I answered mistakenly "No" to a question if I track my after tax contributions. When I tried to walk back I noticed that, as result, TT deleted my previous year form 8606.

Is there way to transfer only that form again from my previous year file?

Re: Transfer Form from Previous Year File

EbonyA — Fri, 05 Mar 2021 23:35:42 GMT

The Turbo Tax system automatically transfers the entire return upon attempting to file a new return each year; in this specific case, you will need to revisit the section in question, answer 'yes' and re-enter the appropriate information.

Re: Transfer Form from Previous Year File

ZpTax — Sat, 06 Mar 2021 02:23:44 GMT

Would the "appropriate information" allow me to select a particular tax form?

Re: Transfer Form from Previous Year File

Cynthiad66 — Tue, 09 Mar 2021 19:48:45 GMT

No. You cannot just transfer the Form 8606 from the prior year. However, if for some reason it did not transfer or disappeared, you can then just enter the correct carry-over basis when the interview asks for it.

Re: Transfer Form from Previous Year File

ZpTax — Tue, 09 Mar 2021 23:19:40 GMT

That was what I exactly did.

Thank you.