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Retirement tax questions
I totally agree with @dmertz. The tax law requires you to apply any 8606 basis to every IRA distribution. You cannot skip distribution or you loose the basis as if you had applied it.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎January 19, 2021
4:51 PM
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