Question

Form 8606

Forum|Forum|5 years ago
February 12, 2021
1 reply
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I have always filed Form 8606 and used it to calculate taxable amount of Trad IRA. I know this form is required for 2020 - why is it not shown under Forms in Turbotax?

Technical Help

M

mglauner

Basically, you must file Form 8606 for every year you contribute after-tax amounts (non-deductible contributions) to your traditional IRA.

Conversions from traditional, SEP, or SIMPLE IRAs must also be reported on Form 8606.

Click this link for info on Generating Form 8606 if this applies to you.