Hi,
How would I answer the following question: (don't remember seeing this question before)
Traditional IRAs
Did you have any nondeductible IRA contributions to your traditional IRA from 2024 or prior years?
Nondeductible contributions are tracked on Form 8606 in prior years returns.
Yes
No
I been contributing $100 a month ($1200 a year) to my traditional IRA and enter this in contribution screen in TT for years and receive form 8606 and had $1200 is listed in lines 1,2 and 14 in the form (unless I been doing it wrong all these years) Please help and if I did it wrong how would I fix it for all those years. I'm using windows desktop version.
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It does sound like you have been making non-deductible contributions to your traditional IRA.
You can check what's posted to your current tax return, and check copies of your past years.
If your in Turbotax Desktop
If you're in the Online version
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