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Retirement tax questions
Unfortunately this involved an inherited ira as well. I think I’ll file an amended 8606 for the first year of the inherited ira distribution, using what I think is the right basis, and for any successive years. It’s not a lot of basis so not worth a huge amount of effort. I suspect the IRS is not adding all these up, as there are mountains of faulty 8606s out there.
December 18, 2024
10:13 AM