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Dancingduck
Level 1

Form 8606

Hello, question regarding 8606 form (all my contributions are nondeductible)

 

I received a 1099R form, code N for $205. The initial contribution ($200) and the recharacterization from a Roth to a traditional Ira were both done in 2024. 

In addition, in 2024,  I made $2,700 nondeductible, direct, contribution to my traditional IRA.

 

my question is, for line 1 on form 8606, what would my nondeductible contribution total be?

posted
8 hours ago
last updated ‎March 03, 2025 12:21 PM
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