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How do you populate Form 8606 Line 4? I have client who complete a non-deductible IRA contribution after 12/31/19.

bill15
Level 2
 
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3 Comments 3
itonewbie
Level 15

Under Deductions > Adjustments to Income, on the Retirement tab, under the Traditional IRA section, on the line for 2019 payments from 1/1/20 to 4/15/20.  That's not the most appropriate description for that line but that's the line you'd use.

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bill15
Level 2

I filled out that line and it's still not populating. Any idea why?

 

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itonewbie
Level 15

That's because you didn't populate Line 1 for nondeductible contributions.

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