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Subject:  IRS Form 8606 Question Date:  4/8/1998  9:51 AM
Author:  jackal97 Number:  3329 of 127613

I have a question regarding Form 8606 as this is my first year that my IRA contributions will be nondeductible. 1996 was the first year i participated with an IRA...

1996 - contributions were deductible
1997 - contributions were nondeductible

On form 8606 it says to add up the value of all IRA accounts on line 6. my question is does this include the deductible contributions? what about the $$ that I put in throughout the course of 1997 for the 1997 year? Do I add all these together?

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