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Retirement tax questions
Thanks @DanaB27 , so I have to put $6,500 when asked "Let's find your IRA basis", even if it says "Total Basis as of December 31, 2023" (which is technically not true, as the contribution was after 2023/12/31), correct? On 2023 form 8606, the line 14 "your total basis in traditional IRAs for 2023 and earlier years" has $6,500.
‎April 12, 2025
4:40 PM