Skip to main content
Level 2
April 6, 2020
Question

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

  • April 6, 2020
  • 1 reply
  • 20 views
No text available
This topic has been closed for replies.

1 reply

itonewbie
Level 15
April 6, 2020

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
bill15Author
Level 2
April 6, 2020

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

 

itonewbie
Level 15
April 6, 2020

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

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