Worksheet 1-1 of IRS Pub 590-B vs Form 8606

Although the IRS Worksheet may ask for all IRA contributions, TurboTax only asks for non-deductible contributions for Form 8606.  You won't get a Form 8606 in your return unless you report:

 

• Nondeductible contributions made to a traditional IRA
• Distributions from a traditional, SEP, or SIMPLE IRA that had nondeductible contributions (not including rollovers, conversions, recharacterizations, qualified charitable distributions, one-time distribution to fund an HSA, or return of certain contributions)
• Conversions from a traditional, SEP, or SIMPLE IRA to a Roth IRA
• Distributions from a Roth IRA (other than rollovers, recharacterizations, or a return of certain contributions)

So you need to keep track of your Form 8606's for those years you don't have any of these events, for when you do.

 

Here's more detailed info on Form 8606.

 

@BK2000 

@MarilynG1 

Thank you for your response and it makes sense. However it does not answer my question or resolve my confusion.

 

That being said, I did some testing in TT and this is what I came up with (still does not an answer my question):

• If I have both, an IRA Contribution and an IRA Conversion/Distribution, TT generates Worksheet 1-1 (called Taxable IRA Dist Worksheet) and the results of Worksheet 1-1 flow into form 8606 with an asterisk*
• If I have no IRA Contribution, but do have an IRA Conversion/Distribution, TT solely uses form 8606 directly (and Worksheet 1-1 Taxable IRA Dist Worksheet does not enter the equation and not generated)
• If I have no IRA Conversion/Distribution, then neither form/worksheet is generated

I am okay if this topic is closed since after 2309 views as of this writing, you have had the only reply.

Thank you