Form 8606 Question

Forum|Forum|2 years ago
February 20, 2024
1 reply
17 views

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?

ProSeries Professional

This topic has been closed for replies.

Just-Lisa-Now-

Intuit Community Champion

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♥¸¸.•*¨*•♫♪

J

Joel VAuthor

Level 3

Conversion, and no non-deductible basis.

Just-Lisa-Now-

Intuit Community Champion

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♥¸¸.•*¨*•♫♪

Sign up

Login with SSO

Let's get you signed in

Login with SSO