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mlreda
February 23, 2025
Question

12/31/24 Trad IRA ending Balance

  • February 23, 2025
  • 1 reply
  • 0 views

Where do I input my 2024 trad IRA ending Balance? I just did my first RMD in Nov.2024. I also have non deductible funds in the trad IRA but haven't made any contributions since I retired.

    1 reply

    T
    ThomasM125
    February 26, 2025

    You will find those screens in the section where you enter your Form 1099-R reporting your RMD in 2024. After you enter your Form 1099-R, look for the screen that says Any Nondeductible Contributions to Your IRA?:

     

    Then you'll see a screen that says Let's Find Your IRA Basis:

     

     

    Then you'll see the screen that says Tell Us the Value of Your Traditional IRA:

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