Instructions For Form 8606 - Nondeductible Iras - 2008 Page 9
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925b. You would also enter $9,000 on
Basis in Roth IRA Conversions and Rollovers From Qualified Retirement Plans to
Form 8930, line 14.
Roth IRAs — Line 24
Privacy Act and Paperwork
IF the most recent year
THEN enter on Form 8606, line
PLUS the sum of the
Reduction Act Notice. We ask for the
prior to 2008 in which you 24, this amount...
amounts*** on the
information on this form to carry out the
had a distribution* in
following lines...
Internal Revenue laws of the United
excess of your basis in
States. We need this information to
contributions was...
ensure that you are complying with
these laws and to allow us to figure and
2007
The excess, if any, of your 2007
Line 16 of your 2008
collect the right amount of tax. You are
(your 2007 Form 8606, line
Form 8606, line 24, over line 23**
Form 8606
required to give us this information if
22, was less than line 19 of
of that Form 8606.
you made certain contributions or
that Form 8606)
received certain distributions from
2006
qualified plans, including IRAs, and
The excess, if any, of your 2006
Line 16 of your 2007
(your 2006 Form 8606, line
other tax-favored accounts. Our legal
Form 8606, line 24, over line 23**
and 2008 Forms 8606
22, was less than line 19 of
right to ask for the information
of that Form 8606.
requested on this form is sections
that Form 8606)
6001, 6011, 6012(a), and 6109 and
2005
their regulations. The reason we need
The excess, if any, of your 2005
Line 16 of your 2006
(your 2005 Form 8606, line
your social security number is to secure
Form 8606, line 24, over line 23**
through 2008
22, was less than line 19 of
proper identification in order to gain
of that Form 8606.
Forms 8606
that Form 8606)
access to the tax information in our files
to properly process the form. If you do
2004
The excess, if any, of your 2004
Line 16 of your 2005
not file this information, or provide
(your 2004 Form 8606, line
Form 8606, line 24, over line 23**
through 2008
incomplete or false information, you
22, was less than line 19 of
of that Form 8606.
Forms 8606
may be subject to penalties.
that Form 8606)
You are not required to provide the
2003
The excess, if any, of your 2003
Line 16 of your 2004
information requested on a form that is
(you had an amount on your Form 8606, line 22, over line 21 of
through 2008
subject to the Paperwork Reduction Act
2003 Form 8606, line 21)
that Form 8606.
Forms 8606
unless the form displays a valid OMB
control number. Books or records
2002
The excess, if any, of your 2002
Line 16 of your 2003
relating to a form or its instructions
(you had an amount on your
Form 8606, line 22, over
through 2008
must be retained as long as their
2002 Form 8606, line 21)
line 21 of that Form 8606.
Forms 8606
contents may become material in the
administration of any Internal Revenue
2001
The excess, if any, of your 2001
Line 16 of your 2002
law. Generally, tax returns and return
(you had an amount on your
Form 8606, line 22, over
through 2008
information are confidential, as required
2001 Form 8606, line 21)
line 21 of that Form 8606.
Forms 8606
by section 6103. However, we may give
the information to the Department of
2000
The excess, if any, of your 2000
Line 16 of your 2001
Justice for civil and criminal litigation,
(you had an amount on your
Form 8606, line 25, over
through 2008
and to cities, states, and the District of
2000 Form 8606, line 19)
line 19 of that Form 8606.
Forms 8606
Columbia to carry out their tax laws. We
Line 14c of your 2000
may also disclose this information to
1999
The excess, if any, of your 1999
Form 8606 and line 16
other countries under a tax treaty, to
(you had an amount on your
Form 8606, line 25, over
of your 2001 through
federal and state agencies to enforce
1999 Form 8606, line 19)
line 19 of that Form 8606.
2008 Forms 8606
federal nontax criminal laws, or to
federal law enforcement and
Line 14c of your 1999
intelligence agencies to combat
1998
The excess, if any, of your 1998
and 2000 Forms 8606
terrorism.
(you had an amount on your
Form 8606, line 14c, over
and line 16 of your
The average time and expenses
1998 Form 8606, line 20)
line 20 of that Form 8606.
2001 through 2008
required to complete and file this form
Forms 8606
will vary depending on individual
Line 14c of your 1998,
circumstances. For the estimated
Did not have such a
1999, and 2000 Forms
averages, see the instructions for your
The amount from your 2008 Form
income tax return.
distribution in excess of your
8606 and line 16 of
8606, line 16.
basis in contributions
your 2001 through
If you have suggestions for making
2007 Forms 8606
this form simpler, we would be happy to
hear from you. See the instructions for
*Excluding rollovers, recharacterizations, and contributions that you had returned to you.
your income tax return.
**Refigure line 23 without taking into account any amount entered on Form 8606, line 20.
*** Including amounts rolled over from qualified retirement plans to a Roth IRA in 2008.
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