Skip to main content
July 15, 2020
Question

My form 8606 has a very wrong value in Line 6 (value of all traditional ... IRAs). This error is also duplicated on my "IRA Information Worksheet." How I correct?

  • July 15, 2020
  • 1 reply
  • 0 views
Because I made a (post age 59 1/2) withdrawal and because I have non-deductible contributions (which the 8606 has been tracking), I am now not receiving the correct "non-taxable portion" of my IRA withdrawal.  I need to correct Line 6, but I cannot find a way to do so.  How do I correct Line 6?

1 reply

fanfare
Employee
July 15, 2020

with your version you cannot get to the forms or worksheets.  You must go through the step by step interview for your IRA again.