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Get your taxes done using TurboTax
To clarify, do you have an entry on line 1 or line 2 on Form 8606?
If it is on line 1 then you must have entered a nondeductible Traditional IRA contribution for 2024 under Deductions & Credits. If it is on line 2 then you indicated you had a prior year basis when TurboTax asked "Any nondeductible Contributions to your IRA?" or it got carried over from a previous year.
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‎April 7, 2025
9:19 AM