Apologies for the spam posts but I followed there this year end value goes. You are correct. Whatever I enter on the trad IRA section under year end value goes to form 5329 to figure out the penalty I would owe.
The 1099-R section that asks about my traditional Ira year end value tracks to the 8606.
It still makes no sense though as to why it would ask for a prior year distribution when pertaining to my current year end value.
Since I have no excess contributions and my year end value 12/31/21 was 0 I’m going to enter 0 and be done. Does that seem sensible?
Is there a way TT can remove that line about distributions?
