New (tax) year, new help!

Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

To enter a nondeductible contribution to a traditional IRA, follow the instructions below.

On the IRA screen in the Retirement folder, enter the amount of the contribution in the Total traditional IRA contribution field, the nondeductible contributions in the Designated nondeductible contributions (Force) field, and your client's traditional IRA basis in the Traditional IRA basis field if this is not a first-year nondeductible contribution.

Was this article helpful?

Yes No

Submit