SteveD9
Level 2
03-30-2026
08:30 AM
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Thank you for the continues replies. If the contribution to the traditional IRA was withdrawn immediately and deposited into a Roth, there would be no basis in the traditional IRA. So therein lies my problem. There should be nothing on Line 14 for basis. I've reviewed a number of legit examples of how this is supposed to appear on Form 8606 and every one of them points to the same result.
I am not trying to be difficult, just trying to get it right.