Level 2

Question

2024 Form 8606

Forum|Forum|9 months ago
October 3, 2025
3 replies
16 views

2024 Form 8606

TP made a nondeductible IRA contribution of $ 7,000 in 2024 and converted the same $ 7,000 into a Roth IRA in 2024.

F 8606 Line 1 $7000, Line 2 0, Line 3 $7000

Nothing on Line 4 because the contribution was not made from 1/1/25 to 4/15/25

Line 5 (line 3 minus Line 4) should be $7000 but the Intuit ProSeries Professional Version does not show $7000 on line 5, which is wrong.

Lines 6 & 7 are blank as they don’t apply.

Line 8 should show $7000, but Intuit program does not show $7000 on Line 8, which is wrong.

Line 9, Line 11, and Line 13 should show $7000, but the program does not show $7000 on these lines.

Instead, the program shows $7000 on Line 14, which is totally wrong because the IRA basis in 2024 & earlier years is 0. Line 14 should be blank.

Lines 16 & 17 should show $7000, but the program does not show $7000 on these lines. It shows blank in these lines.

I have talked to 6 people in Intuit customer service in past three days and spent at least 6 hours but they can not help getting the correct 8606 form even though all data is entered correctly. They have worked with sanitized files.

Where is the glitch in the Intuit program that it prepares the wrong Form 8606? I entered the same data in the other two programs, and both these software programs prepared a perfectly correct 8606 form. I need an answer from an Intuit Program Specialist ASAP. Thank you.

ProSeries Professional

sjrcpa

Level 15

"I need an answer from an Intuit Program Specialist ASAP"

You won't get that here. We are users of the software that volunteer to help other users.

The more I know the more I don’t know.

rbynaker

Level 13

It's a 2-step process. You have to enter the non-deductible Traditional IRA contribution, then you enter the conversion.

ProSeries scatters this stuff all over. Things to look for:

- Sch 1 should be a good starting point to zoom down to the Trad IRA contribution. You may also need to find a box for the FMV of IRAs on 12/31/24 and enter 0. Double check your IRA Info Wks fields to make sure there aren't any bad entries there (if you've been playing with this for a while you might have tried putting things in various boxes, I know I would!)

- On the 1099-R I think you scroll down a bit to find some checkboxes for Roth Conversion.

Beyond that, everything should flow.

I don't have a computer in front of me so I didn't check your line # references (just trying to help from my phone while on vacation!)

Rick

M

MoshiAuthor

Level 2

Hello Rick, I have done everything that you stated in our reply. I was on Tel for 3 hours today with Intuit tech who was working with me on a sanitized file and also communicating with another Tier2 Intuit person. Both of them also could not get me a correct Form 8606 with the $7000 flowing on the correct lines as it should. They both know that Intuit was giving a totally wrong 8606 form, but they could not help it anymore. I need someone at Intuit who may be a program specialist and can look into why the numbers do not flow to the correct lines on Form 8606, even though all data is entered correctly on Form 1099-R, IRA Contributions Worksheet, and Form 8606.

It was nice of you to reply from your tel even though you are on vacation, but if you get a chance and get in front of a computer, you can look into the issues I am facing. Thank you.

qbteachmt

Level 15

I found these answers:

1. Enter the traditional IRA contribution on the IRA worksheet

2. It then flows naturally to form 8606

3. Enter 1099-R Worksheet, make sure IRA box is checked

4. Scroll down to B-5, check that box that rolled over to Roth

Don't yell at us; we're volunteers

T

Terry53029

Intuit Community Champion

I believe there is an error in program as it only works correctly for me, if the client is MFJ and has a 401k at work. If that is true for your client it will work properly. I just override the 1040 taxable amount for my clients not in that category, and disable error checking to e-file.

@qbteachmt the link you gave is for ProConnect, and question was posted in ProSeries

qbteachmt

Level 15

Thanks @Terry53029

I usually catch that mix up. And thanks to Intuit for using "ProConnect" for this community as well as a named product, so the two are often treated as equivalent.

Don't yell at us; we're volunteers

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