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Retirement tax questions
Please make sure you enter that your contributions for 2025 were made in 2026 and then this will go on line 4 . This will change line 5 which affects the calculation for line 10. Since you both are making the contribution for 2025 in 2026 you will have the basis carried over to the 2026 Form 8606 line 2.
The 2024 Form 8606 seems to be correct since you both made the contribution for 2024 in 2025 you will have the basis carried over to the 2025 Form 8606 line 2.
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4 hours ago