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March 9, 2025
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where to enter current value of ira accounts to determine non taxible portion of ira withdrawals for form 8606?

  • March 9, 2025
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Where to enter current value of ira account for form 8606?
    Best answer by dmertz

    Click the Continue button on the page that lists the Forms 1099-R that you have entered.  If you have entered Forms 1099-R for distributions from traditional IRAs and indicate that you have basis in nondeductible traditional IRA contributions, one of the pages that follows will ask for your year-end balance in traditional IRAs.

    1 reply

    dmertzAnswer
    Employee
    March 9, 2025

    Click the Continue button on the page that lists the Forms 1099-R that you have entered.  If you have entered Forms 1099-R for distributions from traditional IRAs and indicate that you have basis in nondeductible traditional IRA contributions, one of the pages that follows will ask for your year-end balance in traditional IRAs.