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Retirement tax questions
I replied earlier, but I got a message saying it did not go thru, so I'll reply again.
I'm concerned about subtracting the total basis from a complete sale of an after-tax IRA.
Form 8606 only only subtracts a non-taxable portion as though I was only taking a minimum distribution, but I have sold the complete fund (actually, 3) and the remaining total basis should be subtracted from the distribution.
I can't see how to get Turbo Tax to do that.
‎February 20, 2025
9:17 AM