Thanks for help! Two follow up questions if I could:
1) Hopefully filled out the 2021 8606 correctly to set up for 2022. Essentially captured $7000 in 'basis for 2021' (amount given early 2022 but applied to 2021), submitted it separately. Over 50 years old.
2) Now that I've input everything in for 2022 tax year, is there a way in the forms or anywhere I can validate things were captured correctly before I submit? For example - nothing shows under income for retirement distribution - should it? Secondly under IRA deductions it shows traditional IRA basis total as $7000, and basis carryover as of 12/31/22 as $14,000. Does that sound right (7000 from #1 above plus another 7000 we applied to 2022 but didn't give until Feb 2023)?
Thanks for time.
