Could you clarify this a bit please? This is really helpful. I used TurboTax last year. It pulled in my basis which was 0. However my Fair Market Value reported on 5498 was 0.80 because I earned interest on the one day the contribution was present there. Any recommendation here? Can I keep the TurboTax cost basis at 0? Form 8606 from last year is a 0 on line 14. Thank you!!
