Apologize for not being more clear. this particular case, I take the first year (we’ll call it year 1) where I can actually compare a 1040 to a 5498 confirming that a IRA contribution was made and subsequently treated as nondeductible on the return. The following year (year 2), I have a 5498 showing a contribution was made, but I am unable to verify whether it was treated as deductible or not on the return because I do not have access to a 1040 for that year (tax year is too long ago to get a transcript). Consequently, I’m assuming I treat year 2 as a “lost” year (no 8606 can be created without knowing if the contribution was deducted or not). I then take the amount from line 14 of the 8606 from year 1 and put on an 8606 for year 3. Year 2 basically ends up being treated as lost with no 8606 correct?
