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Retirement tax questions
OK, Thank you! I was able to pull transcript fr those years from IRS.Gov and I see those contributions being reported on form-5498 by institution holding my IRA and tax return clearly shows we did not take any deduction for that year. So I guess even though IRS knows that a contribution was made (reported by institution) and no deduction was taken (from Tax Return), we still need to file 8606? Is that correct?
‎June 1, 2020
3:19 PM