@JohnB5677 - I appreciate your replies! Many thanks! Please know I'm not trying to start an argument here. I'm just trying to make educated decisions about how I should proceed. Given this, I'd appreciate your thoughts on dmertz's reply to this string. Especially with respect to (1) how the IRS does/doesn't chronologically track 8606 basis, and (2) does the IRS have any clue as to what transpired more than 10 years ago?
Please advise. Many thanks!
