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Retirement tax questions
The reason for the question even under these circumstances is that the information is also used to determine if there is unrecoverable basis due to investment losses. (The potential deduction for unrecoverable basis has been suspended for tax years 2018 through 2025, but it still makes sense to use TurboTax to track this information for the future when such deduction is reinstated.)
‎February 21, 2023
6:06 PM