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Retirement tax questions
If you entered the $6,000 like my screenshot then it should be on the 8606 line 2 so line 3 should be line 1+2 = $12,000.
Unless the total 2020 Dec 31 Traditional IRA value was zero (on the next screen) then it will be partly taxable.
**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.**
‎April 22, 2021
2:11 PM