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Get your taxes done using TurboTax
Yes, if you continue to file with Turbo Tax, your 8606 information should carryover into the next filing period with the amount of the non-deductible contribution reported in line 6 of form 8606.
I am confused by your question asking if this is applicable in the later year. If you are wondering if you can take a deduction for the contribution in a later year, the answer is no. If you meant something else, let us know.
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‎February 16, 2024
3:51 PM