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If I purchased a traditional IRA in 1985 and cashed it in 2017, shouldn't the original amount be deductible (the 1099-R I was provided shows the entire IRA as taxable)?
This was strictly a cash transaction. No other contributions or withdrawals were made, only accumulated interest. I've never completed a form 8606 on this IRA.
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‎June 6, 2019
9:43 AM