I took a distribution from my Rollover IRA and received a 1099-R from Fidelity. Box 7 is coded as 7-Normal Distribution. The Rollover IRA was created when I rolled over a former employer's retirement plan. I don't remember what the former employer's plan was - could have been stocks. However, when I rolled that over to Fidelity, they created a separate Rollover IRA account that has been sitting there for decades. After entering the 1099-R info, TT asks me if I made any nondeductible contributions to my Traditional IRA from 2022 or prior years. I did, so I answered Yes. Then TT tells me it transferred my total basis for my Traditional IRA for all years through 2022. The amount transferred is the total nondeductible contributions to my Traditional IRA in 2021. Why is TT asking about my Traditional IRA nondeductible contributions and total basis when the 2023 distribution is from a Rollover IRA?
