Form 8606 - Nondeductible Iras - 2000

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8606
OMB No. 1545-1007
Nondeductible IRAs
2000
Form
See separate instructions.
Attachment
Department of the Treasury
48
Attach to Form 1040, Form 1040A, or Form 1040NR.
(99)
Sequence No.
Internal Revenue Service
Name. If married, file a separate form for each spouse required to file Form 8606. See page 3 of the instructions.
Your social security number
Home address (number and street, or P.O. box if mail is not delivered to your home)
Apt. no.
Fill in Your Address Only
if You Are Filing This
Form by Itself and Not
City, town or post office, state, and ZIP code
With Your Tax Return
Part I
Traditional and SIMPLE IRAs
Complete Part I if:
● You made nondeductible contributions to a traditional IRA for 2000,
● You received distributions from a traditional or SIMPLE IRA in 2000 and you made nondeductible contributions to a traditional
IRA in 2000 or an earlier year, or
● You converted part, but not all, of your traditional or SIMPLE IRAs to Roth IRAs in 2000 and you made nondeductible
contributions to a traditional IRA in 2000 or an earlier year. See the instructions for lines 8, 11, and 15 for special computations.
1
Enter your nondeductible contributions to traditional IRAs for 2000, including those made for 2000
1
from January 1, 2001, through April 16, 2001. See page 3 of the instructions
2
2
Enter your total basis in traditional IRAs for 1999 and earlier years. See page 3 of the instructions
3
3
Add lines 1 and 2
Did you receive any
No
Enter the amount from
distributions from
line 3 on line 12. Do not
traditional or SIMPLE
complete the rest of Part I.
IRAs or make a Roth IRA
Yes
Go to line 4.
conversion in 2000?
4
Enter only those contributions included on line 1 that were made from January 1, 2001, through April
4
16, 2001. See page 3 of the instructions
5
5
Subtract line 4 from line 3
Enter the value of all your traditional and SIMPLE IRAs as of December
6
6
31, 2000, plus any outstanding rollovers. See page 4 of the instructions
7
Enter your total distributions from traditional and SIMPLE IRAs in 2000. Do
7
not include rollovers or Roth IRA conversions. See page 4 of the instructions
8
Add lines 6 and 7. (But if you converted any
amount from traditional or SIMPLE IRAs to
Roth IRAs in 2000, see page 4 of the
8
instructions for the amount to enter.)
9
Divide line 5 by line 8 and enter the result as a decimal (rounded to at
9
.
least 3 places). Do not enter more than “1.000”
10
10
Multiply line 7 by line 9. This is the amount of your nontaxable distributions for 2000
11
Subtract line 10 from line 5. (But if you converted any amount from traditional or SIMPLE IRAs to Roth
IRAs in 2000, see page 4 of the instructions for the amount to enter.) This is your basis in traditional
11
IRAs as of December 31, 2000
12
12
Add lines 4 and 11. This is your total basis in traditional IRAs for 2000 and earlier years
13
Taxable distributions from traditional and SIMPLE IRAs. Subtract line 10 from line 7. Also include
this amount on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b
13
Part II
2000 Conversions From Traditional or SIMPLE IRAs to Roth IRAs
Caution: If your modified adjusted gross income is over $100,000 or you are married filing separately and you lived with your
spouse at any time in 2000, you cannot convert any amount from traditional or SIMPLE IRAs to Roth IRAs for 2000. If you
erroneously made a conversion, you must recharacterize (correct) the conversion. See page 4 of the instructions for details.
14a
Enter the total amount you converted from traditional and SIMPLE IRAs to Roth IRAs in 2000
14
a
b
Enter the portion of the amount on line 14a that you recharacterized back to a traditional or SIMPLE
IRA. Do not include earnings or reduce the amount recharacterized by any loss that occurred in the
14b
Roth IRA. See page 5 of the instructions
14c
c
Subtract line 14b from line 14a. This is the net amount you converted to Roth IRAs in 2000
15
15
Enter your basis in the amount on line 14c from traditional IRAs. See page 6 of the instructions
16
Taxable amount of conversions. Subtract line 15 from line 14c. Also include this amount on Form
1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b
16
8606
For Paperwork Reduction Act Notice, see page 8.
Cat. No. 63966F
Form
(2000)

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