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February 17, 2025
Question

8606

  • February 17, 2025
  • 1 reply
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i need to change the value for my total amount in traditional IRA. I put in th correct basis but put in the incorrect year's total for my traditional IRA used total for 2023  I can get back to the place to enter basis but  the program will not then go on to the place where I enter the total for my traditonal IRA for December 31 2024.  How can I get back to put in the correct entry?

 

    1 reply

    February 17, 2025

    The question will come up after entering your Form 1099-R and selecting continue:

     

    1. Click on "Search" on the top right and type “1099-R”  
    2. Click on “Jump to 1099-R”
    3. On the "Review your 1099-R info" screen click "Continue"
    4. Answer the question about your basis
    5. Answer the question about the value on December 31, 2024.
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