Joel V
Level 3
02-20-2024
04:37 PM
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I am trying to get line 8 to populate on Form 8606. When I click the line and go to the appropriate 1099-R I scrolled down to line B5 and marked that the entire distribution was converted to a Roth IRA, but line 8 is still not populating on Form 8606. What else do I need to do?
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Just-Lisa-Now-
Level 15
02-20-2024
04:58 PM
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Are you trying to do a Backdoor ROTH? or just a conversion from a deductible IRA contribution in prior years?
Does the 8606 show a non-deductible IRA basis?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Just-Lisa-Now-
Level 15
02-20-2024
07:42 PM
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Yea, its not working here either....are we sure it goes to the 8606 and not just the IRA info worksheet?
I just checked a clients 2021 return and he converted IRA to ROTH and I dont see an 8606 generated, the ROTH basis just gets tracked on the IRA Info worksheet.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪