DanaB27
Expert Alumni

Deductions & credits

To confirm, did you enter the $6,000 basis from the 2022 Form 8606 line 14 during the interview?

Did your spouse have any pre-tax funds in her traditional/SEP/SIMPLE IRAs? If yes, then the pro-rata rule applies. This means that with each distribution/ conversion you will have a taxable and nontaxable part. 

 

@PeteB22 

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