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Get your taxes done using TurboTax
OK, so I found my error. In reading the instructions for basis, I assumed TT was adding in the basis for this years contribution, since you enter that earlier on, but in fact you have to add that into the basis yourself when you do the calculation. Once I added this years basis into the balance, I got the 0 tax liability.
ā€ˇFebruary 20, 2021
7:45 PM