Hello community! I could use your guidance on my situation. The type of tax return I am filing is married filing jointly.
So in 2024, both myself and my spouse did backdoor Roth IRA conversions. Myself and my spouse have separate accounts. The traditional IRA accounts before conversion was $0, both contributed $7000 each, and then converted the full amount.
On the wages and income section, I entered both 1009Rs we received with the following:
Box 1 Gross distribution: 7000
Box 2a Taxable Amount: 7000
Box 2b: Both Taxable Amount not determined box and total distribution boxes are checked
Box 7 Distribution Code: 2
IRA/SIMPLE/SEP box checked
On the step-by-step questions, for the "Tell us if you moved the money through a rollover or conversion", I choose: "I converted some or all of it to a Roth IRA" followed by selecting "Yes, all of this money was converted to a Roth IRA" for both myself and spouse.
On the Deductions & Credits section, I have Traditional IRAs selected for myself and my spouse. The step-by-step questions were answered as follows:
Is this a repayment of a retirement distribution you received?: No
Total 2025 traditional IRA contributions: 7000
Did you recharacterize any of the traditional IRA contributions for 2025 over to a Roth IRA contribution?: No
Did you contribute more money to this IRA than was allowed in 2024 or any previous year?: No
Did you have any nondeductible IRA contributions to your traditional IRA from 2024 or prior years?: No
Value of traditional IRAs on December 31, 2025: 0
These step-by-step questions were answered twice (once for myself and once for my spouse).
The trouble I am running into is reviewing the forms.
Form 1040:
Line 4a has a value of 14000 but line 4b has 7000. I was expecting that 4b should be 0 or am I wrong here?
Form 8606:
TurboTax filled out 8606-T and it all looks correct to me. However, Form 8606-S is completely blank and was expecting TurboTax to fill it out like it did for 8606-T.
Any help or guidance would be greatly appreciated.
