Would you please clarify for me?
Let's assume I made my non-deductible contribution (=NDC, from now on) in, say, 1999.
Do you mean that I do not need to file Form 8606 for 1999, retroactively informing IRS on the creation of my new NDC IRA?
Instead, I directly go to Form 8606 for 2022 and put prior year basis and RMD I made for 2022 etc?
Thank you very much.
