FRANZ
Level 1

Is there a penalty for not filing Form 8606 from 2011 to 2016.  Is there something that I need to do? 

With regards to Part III Traditional IRA Basis Detail #12, what does it mean "Basis for 2018 and earlier years"? Is this the total contributions for the previous years?

Please advise.

Thank you.

 

 

 

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