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Retirement tax questions
Having a basis for your Trad IRA is not all that unusual and, in any case, if you have one, which is totally provided for in the IRS tax code, you have to enter it to calculate your taxes correctly. Hardly an invasion of privacy if you are using software to prepare your taxes. If you don't have a basis, you just say you don't have a basis. I hope TT cleans up this section of their software.
March 2, 2026
1:14 PM