Hello, question regarding 8606 form (all my contributions are nondeductible)
I received a 1099R form, code N for $205. The initial contribution ($200) and the recharacterization from a Roth to a traditional Ira were both done in 2024.
In addition, in 2024, I made $2,700 nondeductible, direct, contribution to my traditional IRA.
my question is, for line 1 on form 8606, what would my nondeductible contribution total be?
