topic Form 8606 Line 6 in Retirement tax questions

Form 8606 Line 6

sfq1 — Thu, 20 Mar 2025 21:51:09 GMT

Turbotax is not presenting the screen to enter the value of my IRAs.

On the "Any Nondeductible Contributions to IRA" Screen, Yes, made and tracked nondeductible contributions to IRA.

On the next screen, "Let's Find Your IRA Basis", Total Basis as of December 31, 2023 is entered.

It exits without presenting the screen to enter the value of my IRAs.

DanaB27 — Fri, 21 Mar 2025 14:08:00 GMT

To verify you entered a Form 1099-R and have to IRA/SEP/SIMPLE box checked? And you are in the retirement section?

Click on "Search" on the top right and type “1099-R”
Click on “Jump to 1099-R”
Click "Continue" and enter the information from your 1099-R (make sure the IRA/SEP/SIMPLE box is checked)
On the "Here's your 1099-R info" screen click "Continue"
Answer "Yes" to "Any nondeductible Contributions to your IRA?" if you had any nondeductible contributions in prior years.
Answer the questions about the basis from line 14 of your 2023 Form 8606 and the value of all traditional, SEP, and SIMPLE IRAs

sfq1 — Fri, 21 Mar 2025 15:02:04 GMT

Turbotax resolved this issue 3/21/2025. The screen to enter the vlalue of IRA's is now presented after the "basis" screen.