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If you both have a basis, your tax return will include a form 8606 for whoever had activity. If either of you didn't do anything this year, no Form 8606 for you. Keep each person's prior years basis amount with your important tax documents.
If you both have a basis, your tax return will include a form 8606 for whoever had activity. If either of you didn't do anything this year, no Form 8606 for you. Keep each person's prior years basis amount with your important tax documents.
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