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Get your taxes done using TurboTax
The purpose of Form 8606 is to track prior years basis.
Based on what you said you had no prior years basis (no Part I)
or you didn't enter it.
when there is no change to your basis, you don't have to file Form 8606.
If you had a basis but did not enter it, you filed incorrectly.
‎December 17, 2021
5:55 PM