This discussion has been locked. No new contributions can be made. You may start a new discussion here
Distributions are neither deductible or nondeductible. Contributions would be deductible or nondeductible.
I think a few details on the transaction(s) would be helpful.
The distributions in this case are not deductible.
Distributions are not deductible. Are you trying to explain that a Nondeductible Contribution was later distributed?
Really, more details for the scenario would be helpful.
I recommend this link:
https://proconnect.intuit.com/community/forms/07?product=Lacerte%20Tax
Put
8606
into the empty search bar, to see topics, such as:
And here:
https://proconnect.intuit.com/community/view-all-articles/07?product=Lacerte%20Tax
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.