I believe the amount I contributed in 98 will mostly be deductible. I crossed over 30k in income in 98, barely. So, I will have to figure out how much of this is actualy deductible. I think your option one is more correct. According to the Form 8606, if you converted all of the traditional IRA to Roth in 98, and had never made any nondeductible contributions to a traditional IRA, enter 0 on line 15. But does this mean on prior years returns and this one? Reading this passage again on page 5-6 of the Form 8606 instructions, I guess I might have to refigure line 15. I will have some nondeductible amounts in 98, but not for any years prior. Not sure of the IRS interpretation. I appreciate the help, at any rate. I would hope the IRS would make more info available on my situation. I would guess it is the most common one this past year.
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