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Retirement tax questions
Yes, 8606 shows $6K as non-deductible (Line 1) But the form also shows another $6K on line 2 (which I think is incorrect as I have no ongoing balance in a Traditional IRA.
8606 was part of my return and now I have a notice saying that i did not report the $6K as income but others have (referencing Vanguard 1099-R).
Shouldn't the 8606 form have shown that it wasn't income?
‎October 17, 2024
6:11 AM