Description Of Major Changes And Instructions For Form 8606 - Nondeductible Iras - 2010 Page 11
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12Basis in Regular Roth IRA Contributions — Line 29
rollover. Do not include any amounts
you rolled over to your Roth IRA.
Note. The amount of the distribution
IF the most recent year
THEN enter on Form 8606,
PLUS the total of all your
prior to 2010 in which you line 29, this amount...
regular contributions
to
2
from your designated Roth account
took a Roth IRA
Roth IRAs for...
may be subject to an additional 10%
distribution
was...
1
tax on early distributions. The additional
tax is figured on Form 5329, Part I. See
2009
The excess of your 2009 Form
2010
the instructions for Form 5329, line 1,
(you had an amount on your
8606, line 22, over line 19 of
for details.
2009 Form 8606, line 19)
that Form 8606.
Privacy Act and Paperwork
2008
The excess of your 2008 Form
2009 and 2010
Reduction Act Notice. We ask for the
(you had an amount on your
8606, line 22, over line 19 of
information on this form to carry out the
2008 Form 8606, line 19)
that Form 8606.
Internal Revenue laws of the United
States. We need this information to
2007
The excess of your 2007 Form
2008 through 2010
ensure that you are complying with
(you had an amount on your
8606, line 22, over line 19 of
these laws and to allow us to figure and
2007 Form 8606, line 19)
that Form 8606.
collect the right amount of tax. You are
required to give us this information if
2006
The excess of your 2006 Form
2007 through 2010
you made certain contributions or
(you had an amount on your
8606, line 22, over line 19 of
received certain distributions from
2006 Form 8606, line 19)
that Form 8606.
qualified plans, including IRAs, and
2005
The excess of your 2005 Form
2006 through 2010
other tax-favored accounts. Our legal
(you had an amount on your
8606, line 22, over line 19 of
right to ask for the information
2005 Form 8606, line 19)
that Form 8606.
requested on this form is sections
6001, 6011, 6012(a), and 6109 and
2004
The excess of your 2004 Form
2005 through 2010
their regulations. If you do not provide
(you had an amount on your
8606, line 22, over line 19 of
this information, or you provide
2004 Form 8606, line 19)
that Form 8606.
incomplete or false information, you
may be subject to penalties.
2003
The excess of your 2003 Form
2004 through 2010
(you had an amount on your
8606, line 20, over line 19 of
You are not required to provide the
2003 Form 8606, line 19)
that Form 8606.
information requested on a form that is
subject to the Paperwork Reduction Act
2002
The excess of your 2002 Form
2003 through 2010
unless the form displays a valid OMB
(you had an amount on your
8606, line 20, over line 19 of
control number. Books or records
2002 Form 8606, line 19)
that Form 8606.
relating to a form or its instructions
must be retained as long as their
2001
The excess of your 2001 Form
2002 through 2010
contents may become material in the
(you had an amount on your
8606, line 20, over line 19 of
administration of any Internal Revenue
2001 Form 8606, line 19)
that Form 8606.
law. Generally, tax returns and return
information are confidential, as required
2000
The excess of your 2000 Form
2001 through 2010
by section 6103. However, we may give
(you had an amount on your 8606, line 18d, over line 17 of
the information to the Department of
2000 Form 8606, line 17)
that Form 8606.
Justice for civil and criminal litigation,
1999
The excess of your 1999 Form
2000 through 2010
and to cities, states, the District of
(you had an amount on your 8606, line 18d, over line 17 of
Columbia, and U.S. commonwealths
1999 Form 8606, line 17)
that Form 8606.
and possessions to carry out their tax
laws. We may also disclose this
1998
The excess of your 1998 Form
1999 through 2010
information to other countries under a
(you had an amount on your 8606, line 19c, over line 18 of
tax treaty, to federal and state agencies
1998 Form 8606, line 18)
that Form 8606.
to enforce federal nontax criminal laws,
or to federal law enforcement and
Did not take a Roth IRA
$0
1998 through 2010
intelligence agencies to combat
1
distribution
prior to 2010
terrorism.
1. Excluding rollovers, recharacterizations, and contributions that you had returned to you.
The average time and expenses
2. Excluding rollovers, conversions, Roth IRA contributions that were recharacterized, and any
required to complete and file this form
contributions that you had returned to you.
will vary depending on individual
circumstances. For the estimated
averages, see the instructions for your
income tax return.
If you have suggestions for making
this form simpler, we would be happy to
hear from you. See the instructions for
your income tax return.
-9-
Instructions for Form 8606 (2010)
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