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Deductions & credits
@sonzoil wrote:
So again form 8606 is something I would have generated, and not something sent by the plan administrator for the IRA?
Correct. If you made a contribution to a traditional IRA, and chose not to take the tax deduction, or were unable to take the tax deduction due to your income or other limitations, you would generate a form 8606 as part of your tax return.
March 8, 2022
11:39 AM