jjbook0242
Level 1
12-07-2019
01:03 AM
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Ernie
Level 9
12-07-2019
01:03 AM
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Is it taxable? Was it rolled over? Where on the IRA information worksheet are you looking to put that information?
Are you creating basis?
sjrcpa
Level 15
12-07-2019
01:03 AM
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If you are using Form 8606 to calculate the taxable part of an IRA distribution when there is IRA basis, Yes.
The more I know the more I don’t know.
The more I know the more I don’t know.
qbteachmt
Level 15
12-07-2019
01:04 AM
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It's not an additional amount, though. Just get the year end statements for the accounts. Either that amount is already in there, or it wasn't in there at year end.
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