@fanfare
>"My 2022 form 8606 reported that I have a basis in Traditional IRA of $2,236"
>That's correct but, how did that happen?
A: Are you referring to having a basis? If so, I'm not sure. Does this mean I filed my tax 2022 return incorrectly? Or are my 20231099-R's incorrect?
On my 2022 8606 Form:
Line 1 (nondeductible contributions to traditional IRAs for 2022) = $2,236
Line 2 (total basis in traditional IRAs) = $0
Line 14 (total basis in traditional IRAs for 2022 and earlier years) = $2,236
>Did you amend your 2022 tax return?
A: No, I have not.
