dmertz
Level 15

Retirement tax questions

If you had no money in a traditional IRA on December 31, 2017, that's what you tell TurboTax.

An outstanding rollover is a distribution that you received before year-end but you rolled back into a traditional IRA after year-end, within 60 days of the distribution.

If you had a zero traditional IRA balance on December 31, 2017, your basis carried forward to 2018 is zero.  You should see a zero on line 14 of your 2017 Form 8606.

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