Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How do you populate Form 8606 Line 4? I have client who complete a non-deductible IRA contribution after 12/31/19.

Highlighted
Level 1
 
Labels (1)
0 Cheers
3 Replies 3
Highlighted
Level 15

Under Deductions > Adjustments to Income, on the Retirement tab, under the Traditional IRA section, on the line for 2019 payments from 1/1/20 to 4/15/20.  That's not the most appropriate description for that line but that's the line you'd use.

---------------------------------------------------------------------------------
Still an AllStar
Highlighted
Level 1

I filled out that line and it's still not populating. Any idea why?

 

0 Cheers
Highlighted
Level 15

That's because you didn't populate Line 1 for nondeductible contributions.

---------------------------------------------------------------------------------
Still an AllStar