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Best answer by DanaB27

This question is about your prior year basis in your traditional IRA and you will find this on you last filed Form 8606. Please see line 2 instructions for additional information.

 

You have basis in your traditional IRA if you made nondeductible contributions to your traditional IRA. 

1 reply

DanaB27Answer
March 1, 2025

This question is about your prior year basis in your traditional IRA and you will find this on you last filed Form 8606. Please see line 2 instructions for additional information.

 

You have basis in your traditional IRA if you made nondeductible contributions to your traditional IRA. 

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VAer
VAerAuthor
Employee
March 1, 2025

Thanks.