wab9
Level 2

Get your taxes done using TurboTax

Thank you for your reply. I got to that part after my initial post.  It appears that I should have filed a form 8606 last year when I made the contribution to the IRA with taxed dollars. I didn't do that. At this point, do I have any alternative to paying taxes on the entire distribution even though I have already paid taxes on the majority of it in the past?