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I don’t understand what my “Total Basis” is on form 8606
I don't understand what my "Total Basis" is on form 8606 I guess I'm just dumb because I've looked up every possible help document and forum post on this, and I still don't get it. A brief summary of my finances around our retirement account: I have a 457b at work I contributed to a traditional IRA -5000 last year, only 2250 this year. Last year, I put 5000 on form 8606, but I'm starting to think tha...
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