Form 8606 problem

[EHarr3]

Im thinking there might be a glitch in the TurboTax MAC desktop software.  I completed the section on IRA, nondeductable contributions.  The program generated the form 8606-S (for wife) correctly, but not 8606-T (taxpayer).  Then, I searched and found the 8606-T, but saw that "basis" was the only information filled in.  When I tried to enter the necessary data manually, my keystrokes were not recorded.  Any other ideas I might try?

I did not have any issues with the form 8606 over the past ten years of filing with TurboTax Mac edition.

[fanfare]

The only way to get your Form 8606 is via the 1099-R entry screens.

If you override writeable fields, you won't be able to e-File.

[dmertz · Accepted solution]

@EHarr3 , did you make a nondeductible contribution for 2021, receive a traditional IRA distribution in 2021, do a Roth conversion in 2021 or take a nonqualified distribution from a Roth IRA in 2021?  If not, no Form 8606 for you should be present in your tax return.  If you did perform one of these transactions, what type of transaction was it and did you enter it?

[EHarr3]

Thanks for the help.  I finally figured it out.  100 percent of the money that came out of my IRA went to charity.  Therefore, no 8606 and no adjustment to "basis" for next year's return.  My wife got the 8606 because her money didn't go to charity, resulting in necessary adjustment to basis for next year.

[dmertz]

Correct.  QCDs are not to be included on Form 8606.

[gpmctax]

how do I get the 8606 form into my turbox so that I can fill it out and send in my tax electronically?

[gpmctax]

I took an RMD from a bank who does not have my cost basis.  The 1099R they sent allowed me to put in the cost basis but turbotax would not calculate the changes.

[dmertz]

IRAs do not have a cost basis but instead may have basis in nondeductible traditional IRA contributions.  IRA custodians have no way to know whether you made nondeductible traditional IRA contributions or not.

To enter you basis in nondeductible traditional IRA contributions made prior to 2021, click the Continue button on the page in 2021 TurboTax that lists the Form 1099-R you've entered, answer Yes when asked if you made nondeductible traditional IRA contributions, then enter the amount of basis from your last-filed Form 8606 (usually line 14).