Determine how josh reports this investment on his return, Taxation

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Determine how josh reports this investment on his return

Problem

Josh Peters is limited from making a fully deductible $6,000 IRA contribution because of his income level. Instead, he makes a $3,500 nondeductible IRA contribution to his traditional IRA. Determine how Josh reports this investment on his return, and complete the appropriate tax form that he should attach to his Form 1040.

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