Instructions For Form 8606 - 2015 (Page 8 of 12) in pdf

Roth IRA in 2015 and then

from a qualified retirement plan) for any

Increase the amount on line 22 by

recharacterized the amount back to a

year from 1998 through 2010.

any amount received as qualified

traditional, SEP, or SIMPLE IRA, you

Distributions that are incident to

settlement income in connection with

cannot reconvert that amount until the

divorce. The transfer of part or all of

the Exxon Valdez litigation and rolled

later of January 1, 2016, or 30 days after

your Roth IRA to your spouse under a

over to your Roth IRA.

the recharacterization. See Can You

divorce or separation agreement is not

Increase the amount on line 22 by

Move Retirement Plan Assets? in

taxable to you or your spouse.

any “airline payments” you received as a

chapter 1 of Pub. 590-A for details.

result of your employment with an airline

If, after considering the items above,

that you rolled over to your Roth IRA.

Line 16

you do not have an amount to enter on

However, do not include the amounts

line 19, do not complete Part III; your

If you did not complete

line

8, see the

attributable to airline payments that you

Roth IRA distribution(s) is not taxable.

instructions for that line. Then, enter on

transferred from a Roth IRA to a

Instead, include your total Roth IRA

line 16 the amount you would have

traditional IRA because of the FAA

distribution(s) on Form 1040, line 15a;

entered on line 8 had you completed it.

Modernization and Reform Act of 2012.

Form 1040A, line 11a; or Form 1040NR,

Line 17

Line 23

line 16a.

If you did not complete line 11, enter on

Generally, there is an additional 10% tax

Line 20

line 17 the amount from

line 2

(or the

on 2015 distributions from a Roth IRA

If you had a qualified first-time

amount you would have entered on

that are shown on line 23. The

homebuyer distribution from your Roth

line 2 if you had completed that line)

additional tax is figured on Form 5329,

IRA and you made a contribution

plus any contributions included on line 1

Part I. See the instructions for Form

(including a conversion or a rollover

that you made before the conversion.

5329, line 1, for details and exceptions.

from a qualified retirement plan) to a

Line 18

Line 24

Roth IRA for any year from 1998

through 2010, enter the amount of your

If your entry on line 18 is zero or less, do

Figure the amount to enter on line 24 as

qualified expenses on line 20, but do not

not include the result on Form 1040,

follows.

enter more than $10,000. For details,

line 15b; Form 1040A, line 11b; or Form

If you have never made a Roth IRA

see Are Distributions Taxable? in

1040NR, line 16b. Include the full

conversion or rolled over an amount

chapter 2 of Pub. 590-B.

amount of the distribution on Form

from a qualified retirement plan to a

1040, line 15a; Form 1040A, line 11a; or

Roth IRA, enter -0- on line 24.

Line 22

Form 1040NR, line 16a.

If you took a Roth IRA distribution

Figure the amount to enter on line 22 as

(other than an amount rolled over or

Part III—Distributions

follows.

recharacterized or a returned

If you did not take a Roth IRA

From Roth IRAs

contribution) before 2015 in excess of

distribution before 2015 (other than an

your basis in regular Roth IRA

Complete Part III to figure the taxable

amount rolled over or recharacterized or

contributions, see the

Basis in Roth IRA

part, if any, of your 2015 Roth IRA

a returned contribution), enter on line 22

Conversions and Rollovers From

distributions.

the total of all your regular contributions

Qualified Retirement Plans to Roth

to Roth IRAs for 1998 through 2015

Line 19

IRAs—Line 24

chart, later, to figure the

(excluding rollovers from other Roth

Do not include on line 19 any of the

amount to enter on line 24.

IRAs and any contributions that you had

following.

If you did not take such a distribution

returned to you), adjusted for any

before 2015, enter on line 24 the total of

Distributions that you rolled over,

recharacterizations.

all your conversions to Roth IRAs (other

including distributions made in 2015 and

If you did take such a distribution

than amounts recharacterized). These

rolled over after December 31, 2015

before 2015, see the

Basis in Regular

amounts are shown on line 14c of your

(outstanding rollovers).

Roth IRA Contributions

1998, 1999, and 2000 Forms 8606 and

Recharacterizations.

Worksheet—Line

22, later, to figure the

line 16 of your 2001 through 2015

Distributions that are a return of

amount to enter.

Forms 8606. Also include on line 24 any

contributions under

Return of IRA

Increase the amount on line 22 by

amounts rolled over from a qualified

Contributions, earlier.

any amount rolled in from a designated

retirement plan to a Roth IRA for 2008,

Distributions made on or after age

Roth account that is treated as

2009, and 2011 to 2015 reported on

if you made a contribution

investment in the contract.

your Form 1040, Form 1040A, or Form

(including a conversion or a rollover

Increase or decrease the amount on

1040NR, and line 21 of your 2010 Form

from a qualified retirement plan) for any

line 22 by any basis in regular

8606. Do not include amounts rolled in

year from 1998 through 2010.

contributions received or transferred

from a designated Roth account since

A one-time distribution to fund an

incident to divorce. Also attach a

these amounts are included on line 22.

HSA. For details, see Pub. 969.

statement similar to the one explained in

Increase or decrease the amount on

Qualified charitable distributions

the last bulleted item under

Line

line 24 by any basis in conversions to

(QCDs). For details, see Are

earlier.

Roth IRAs and amounts rolled over from

Distributions Taxable? in chapter 1 of

Increase the amount on line 22 by the

a qualified retirement plan to a Roth IRA

Pub. 590-B.

amounts received as a military gratuity

received or transferred incident to

Distributions made upon death or due

or SGLI payment that was rolled over to

divorce. Also attach a statement similar

to disability if a contribution was made

your Roth IRA.

to the one explained in the last bulleted

(including a conversion or a rollover

item under

Line

7, earlier.

Instructions for Form 8606 (2015)

Instructions For Form 8606 - 2015 Page 8

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