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Level 3
Feb 20, 2024 10:37 PM UTC
Question

Form 8606 Question

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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4 replies

Just-Lisa-Now-
Intuit Community Champion
Feb 20, 2024 10:58 PM UTC

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♥¸¸.•*¨*•♫♪
Joel VAuthor
Level 3
Feb 21, 2024 1:18 AM UTC

Conversion, and no non-deductible basis. 

Just-Lisa-Now-
Intuit Community Champion
Feb 21, 2024 1:42 AM UTC

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♥¸¸.•*¨*•♫♪