In order to direct contributions to be non-deductible and populate Form 8606, you need to indicate this in the IRA entry screen.
Here's how to do this in TurboTax Online:
In order to direct contributions to be non-deductible and populate Form 8606, you need to indicate this in the IRA entry screen.
Here's how to do this in TurboTax Online:
What about if I am using Turbo Tax Premier? I tried the steps you suggested for On-line, and I didn't get the same screens.
The screen will be the same in TurboTax Online if your IRA contributions are deductible, you get the option to make it nondeductible as MindyB shared above. But if you have a retirement plan at work and are over the income limit it will be nondeductible automatically. You will only get a warning that your income is too high to deduct the Traditional IRA contribution and then a screen saying $0 is deductible. Therefore, you will not see the “Choose Not to Deduct IRA Contributions” screen.