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Level 1
March 13, 2021
Question

form 8606 is not showing the taxable amount on line 15c

  • March 13, 2021
  • 1 reply
  • 8 views

why isn't the taxable amount transferring to line 15c on form 8606

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1 reply

Level 2
March 14, 2021

2 things must happen to generate a calculation for line 15c

1 enter value of ALL traditional, SEP, SIMPLE IRAs as of December 31, 2020 (line 6)

2 There must a Distribution for 2020 (line 7)