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February 12, 2020
Question

I'm getting the message that some of my tax forms aren't ready, when i click on review its showing that forms 8606-S & 8606-T aren't ready.These items do not apply to me

  • February 12, 2020
  • 1 reply
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We last updated Federal Form 8606 in January 2020 from the Federal Internal Revenue Service. This form is for income earned in tax year 2019, with tax returns due in April 2020 . We will update this page with a new version of the form for 2021 as soon as it is made available by the Federal government.

1 reply

February 12, 2020

TurboTax will automatically generate form 8606 if you reported any of these on your tax return:

  • Nondeductible contributions made to a traditional IRA
  • Distributions from a traditional, SEP or SIMPLE IRA that had nondeductible contributions (excluding rollovers, conversions, re-characterizations, qualified charitable distributions, one-time distribution to fund an HSA, or return of certain contributions)
  • Conversions from a traditional, SEP, or SIMPLE IRA to a Roth IRA
  • Distributions from a Roth IRA (other than rollovers, re-characterizations, or a return of certain contributions)
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