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Yes, this number comes from your prior year 8606. Be sure to check your prior year return for the correct amount from your 8606. By using the 'Total Basis' chart in the instructions for Form 8606, it provides the correct line to use from your prior year Form 8606.
Yes, this number comes from your prior year 8606. Be sure to check your prior year return for the correct amount from your 8606. By using the 'Total Basis' chart in the instructions for Form 8606, it provides the correct line to use from your prior year Form 8606.
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