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Retirement tax questions
Line 2 is your basis (non-deducitble contributions).
The 1099-R interview asks if you tracked your basis and how much it is.
Since you cannot skip a year then if not reported in 2021, you will first need to amend 2021 in order to get the remaining basis to be applied to 2022. If you missed it then you might not have completed the interview after the 1099-R summary screen.
**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 25, 2023
8:55 PM