Ugh, the one year I hire a CPA they filed my 8606 incorrectly.My 2018 8606 should've had an amount on Line 14. I have entered my 2018 basis into my 2019 return ...
Yes, I had an 8606 for 2018 and nondeductible contributions. My total basis on line 14 was zero.Hmm, so, I should enter zero in box 1 (gross distribution) and 2...
Ahh, you're correct, macuser! My 2019 schwab 1099-R is for my 2018 contribution that was converted in 2019. Now I need to figure out what to do with the 1099-R.
Hello - I am experiencing the same issue of being taxed for converting an IRA, even though Turbotax is telling me it's an untaxable event. It appears the taxing...
