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Form 8606 Basis Trauma
I have made nondeductible IRA contributions for several years, and just noticed that TT is not accumulating the basis on form 8606. Is there a way to make an adjustment on my 2024 form 8606 so that my accumulated basis is recognized on my 2024 return, and includes the prior non-deductible contributions made in the past?
‎April 4, 2025
2:36 PM