Form 8606

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  • #20416
    Lilac
    Participant

    Usually I filed form 8606 ( non deductible IRA) every year with Turbo Tax, but this time when working on my 2020 tax return, the form 8606 didn’t come out.
    Is it because I didn’t take RMD in 2020 ? What should I do ?
    Thank You.

    #20420
    ruth
    Participant

    Form 8606 is needed only if you receive an IRA distribution. Since you didn’t take an IRA distribution in 2020, Turbo Tax won’t generate the form.

    #20424
    Lilac
    Participant

    Thank you, Ruth. 🙏

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