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TRADITIONAL IRA COST BASIS
I have Nondeductible Contributions Form 8606 for 2 years prior that I didn't do a cost basis on. They both show 0. Can I add that basis on the current year 2020 return? And if so, how do I figure that basis? Is is the dollar amount of contributions that were nondeductible?
‎October 14, 2021
12:44 PM