BenefitsLink Message Boards > Need addl. tax form for 1998 Roth IRA?

Full Version: Need addl. tax form for 1998 Roth IRA?

BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs

Lonnie_parry

Mar 15 2000, 05:41 AM

I converted my IRA to a Roth in 1998 and elected to pay taxes over a four year period.

This year's taxable amount needs to be included on Line 15b (IRA distribution-taxable amount). Is there an additional form that I also need to complete? If so, is it Form 8606? Thanks.

BPickerCPA

Mar 15 2000, 07:36 PM

No additional form for the '98 conversion income reported in '99.

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Barry Picker, CPA/PFS, CFP
New York, NY

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