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Form 8606 filing question
I have a small amount of my traditional IRA's funds which I was not able to deduct in the early years and have since did the documents to establish the basis. The past three years I have been taking distributions from my IRAs, which include 401K rollover money and have trusted turbo tax to fill the forms based upon the questions it asks. I have computed the market value of all my IRA's using the totals given on December 31st of each year. My question is should my form 8606 have entries in blocks 6-12 as applicable? My basis for the traditional IRA's dates back to 1990-2007. The form seems to be incomplete when I have entered the current market value for the past three years when I started taking distributions.
‎February 1, 2020
5:06 AM