Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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How to Report Nontaxable Dollars Paid from Plan But Rolled Over Into IRA?
Compliance Headquarters Nov. 26, 2003
Excerpt: The instructions to the 2002 IRS Form 8606, Nondeductible IRAs, are not clear on how to report a rollover of nontaxable amounts from a qualified employer plan.... Conservatively, an IRA owner could enter his/her nontaxable rollover amount in Part 1, Line 2 of the rollover year's Form 8606 even if he/she had never filed Form 8606 in the past.
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