Form 8606 - Nondeductible Iras - 2000 Page 2
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Form 8606 (2000)
Page
Part III
Distributions From Roth IRAs
Complete Part III only if you received a Roth IRA distribution in 2000 or you recharacterized 2000 contributions to
or from a Roth IRA.
Be sure to keep copies of all Forms 1099-R, 5498, and 8606 for all years. You will need amounts from these forms
if you take a nonqualified distribution (see page 2 of the instructions) from a Roth IRA in future years.
17
17
Enter your total distributions from Roth IRAs in 2000. Do not include rollovers
18
a
Enter your basis in Roth IRA contributions for 1998 and 1999. See
18a
page 6 of the instructions
b
Enter your contributions to Roth IRAs for 2000, including those made for
2000 from January 1, 2001, through April 16, 2001. Do not include
18b
rollovers or amounts converted from traditional or SIMPLE IRAs
c
Recharacterizations of 2000 contributions to or from Roth IRAs. See
18c
page 6 of the instructions
18d
d Combine lines 18a through 18c
19
19
Subtract line 18d from line 17. If zero or less, enter -0- and do not complete the rest of Part III
Note: If you converted amounts from traditional IRAs to Roth IRAs in 1998 and elected to report the
taxable portion over 4 years, go to line 20a; otherwise, skip to line 21.
20a
20a Enter the amount from your 1998 Form 8606, line 16
b Enter the amount from line 5 of the worksheet
20b
on page 6 of the instructions
c Enter the amount from line 8 of the worksheet
20c
on page 6 of the instructions
20d
d
Add lines 20b and 20c
20e
e
Subtract line 20d from line 20a. If zero or less, enter -0-
21
21
Enter the smaller of line 19 or line 20e. If line 20e is blank, enter -0-
22
22
Subtract line 21 from line 19. If zero, skip lines 23 through 26 and go to line 27
23
Enter your basis in Roth IRA conversions for 1998 and 1999. See
23
page 7 of the instructions
24
24
Enter the amount, if any, from line 14c of this form
25
25
Add lines 23 and 24
26
26
Subtract line 25 from line 19. If zero or less, enter -0-
27
Taxable distributions from Roth IRAs. Add lines 20c, 21, and 26. Also include this amount in the
27
total on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b
Note: You may be subject to an additional 10% tax. See page 7 of the instructions for details.
Part IV
Distributions From Education (Ed) IRAs
Caution: For 2000, you can receive up to $500 of contributions to Ed IRAs. See page 7 of the instructions if the contributions
to your Ed IRAs were over $500.
28
28
Enter the total distributions from your Ed IRAs in 2000. Do not include rollovers
29
Do you elect to waive the exclusion from income for Ed IRA distributions? If you check “No” and
exclude from income any portion of an Ed IRA distribution, no Hope or lifetime learning credit can be
claimed for your 2000 qualified higher education expenses.
29
Yes. Enter -0-.
No.
Enter your qualified higher education expenses for 2000.
30
Taxable amount. Is line 28 equal to or less than line 29?
Yes. Enter -0-; none of your Ed IRA distributions are taxable for 2000. Be sure to keep
a copy of this form for your records so you can figure your basis in your Ed IRAs.
You may need to know your basis in future years. See page 7 of the instructions.
30
No.
See the worksheet on page 7 of the instructions for the amount to enter. Also include
this amount in the total on Form 1040, line 15b; Form 1040A, line 11b; or Form
1040NR, line 16b. See page 8 of the instructions to find out if you owe an additional
10% tax.
Under penalties of perjury, I declare that I have examined this form, including accompanying attachments, and to the best of my
Sign Here Only if You
knowledge and belief, it is true, correct, and complete.
Are Filing This Form
by Itself and Not With
Your Tax Return
Your signature
Date
8606
Form
(2000)
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