Retirement & HSA › F8606.2
F8606.2 · federal · F8606 line 2
Total basis in traditional IRAs (2024 Form 8606 line 14)
7,000
engine v3
not yet verified
⚑ IRA-BASIS · pass
How this number was built
R-PRIOR-YEAR-CARRY Carried from the 2024 return or prior-year records.
Sources (2) — where the inputs came from
2024 return F8606.14 - Basis carried to 2025
7000
Form 5498 for 2024 - Northlake Securities IRA (Ngozi Okafor)
D42 · page 1 · field box1 · “Box 1 IRA contributions (for 2024)”
read as “7,000.00” → 7,000
99%
Flows into
Independent checks
Backdoor Roth basis agrees to 2024 Form 8606Agrees
Basis 7,000 (2024 contribution made 02/12/2025) + 7,000 for 2025 = 14,000; converted 14,026; taxable 26. The client's answer (qa-31: 'prior basis: none that I know of') is wrong - the documents win.
Method: 2024 Form 8606 line 14 (D06 p10) and 2024 Form 5498 (D42); 2025 Form 5498 (D43) and 1099-R (D41).
Open check →
History — nothing is overwritten
v1 · 2026-03-04: 7,000v2 · 2026-03-19: 7,000v3 · 2026-06-23: 7,000
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