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June 4, 2019
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Turbo Tax Premier 2018 Error. It is filing form 8606 for my wife using her Teachers Retirement Pension and changing her cost basis. No RMD until 2019. How do i fix?

  • June 4, 2019
  • 1 reply
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    Best answer by dmertz

    TurboTax would only report this on Form 8606 if the IRA/SEP/SIMPLE box on TurboTax's 1099-R form was inadvertently marked.  Either edit the 1099-R in TurboTax and make sure the IRA/SEP/SIMPLE box is not marked (in agreement with the Form 1099-R provided by the payer) or delete and reenter the 1099-R.

    1 reply

    dmertzAnswer
    Employee
    June 4, 2019

    TurboTax would only report this on Form 8606 if the IRA/SEP/SIMPLE box on TurboTax's 1099-R form was inadvertently marked.  Either edit the 1099-R in TurboTax and make sure the IRA/SEP/SIMPLE box is not marked (in agreement with the Form 1099-R provided by the payer) or delete and reenter the 1099-R.