If you file with Line 2 = Zero, you have not accomplished your goal.
Amount on Line 1 cannot exceed $7,000, or $8,000 if you are over age 50 and cannot exceed Zero if you made no non-deductible contribution for 2024.
total basis for 2024 and prior years should end up reduced on Form 8606 Line 14 after doing the calculation for nontaxable part of your 2024 IRA distribution..
@Cindy77
