From TurboTax Form 8606-S -- Explanation Stm: Detailed Explanation-1 must be completed. Enter your explanation here to complete the Basis Adjustment Explanation Statement. What do I put for Basis Adjustment Explanation? I assume this is something to do with me converting part of an ira to a roth and having non deductible ira contribution's in years past and never filing a 8606 before. Thanks Phil
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16 years ago