The IRS looks at all your Traditional, SEP, and SIMPLE IRAs as a group. If you did a Roth conversion or took money out in 2025, they need your total IRA balance as of December 31, 2025. This helps them figure out how much is taxable.
If any of the events listed above happened in 2025, then you need to report the balances in your IRA's. If the balance is zero, that's what you report.
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