DanaB27
Expert Alumni

Get your taxes done using TurboTax

That amount seems a bit high, only the earnings of $3,518 should be taxable on line 4b of Form 1040. Please verify this.

 

Did you enter your $6,000 basis when TurboTax asks about the prior year basis (from line 14 of your 2020 Form 8606)? And your value for all traditional IRA/SEP/SIMPLE IRAs was $0 on December 31, 2021?

 

@kenchadetta

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