I've been performing a self audit of my 8606 forms as I prepare for retirement (in 9 years). I have found in 2012 until present my non deductible contributions have been reported each year on form 8606, but my previous years basis in traditional IRAs was not. Since I've reported all my contributions each year, am I able to send an updated 8606 for the current tax year with the correct basis and that will solve this? What advice would you provide to clear this up? I've used turbotax each year.
Thank you.
