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Second year of filling 8606
Hey All,
I am trying to fill out form 8606. I am little confused on how to fill line 2. For example, if 2023 was the first year I did the backdoor conversation, the line 14 in 2023 form 8606=0. For 2024, should I put 0 as the line 2 on form 8606? If that is the case, then every year the 8606 should always be the same, except that the contribution amount is different?
Topics:
3 weeks ago