I made a backdoor Roth IRA conversion in 2021 and filled out the 1099R part and Deduction and Credit IRA part in Turbotax. I went to the form 8606 to check and found there are RED words "DO NOT FILE" under 2021. Anyone know why?
Thanks.
L
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Make sure you have updated the TurboTax software. My Premier desktop edition does not have Do Not File on the Form 8606.
Click on Online at the top of the desktop program screen. Click on Check for Updates.
Thanks. After updates, "Do Not File" is gone. But I see Line 6 to Line 12 are empty. Is this normal?
You will probably have to go back to the 1099-R and delete the form. Then re-enter the form to continue reporting the conversion so the Lines on the Form 8606 will re-populate.
Thanks. No luck after re-do. But I see Lines 13, 15c and 18 have the correct numbers with * which means "* From Taxable IRA Distribution Wkst (per IRS Pub. 590-B)". I check the Tax IRA Distribution Wkst which has the numbers missing from the form 8606 Lines 6-12.
Someone said the Lines 6-12 are empty and do not manually edit/overwrite them otherwise efile will not work.
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