I got my 2019 1099-R. In it,
#1. Gross $11,533.72
#2a. Taxable Amount= $2,668.62
#4. Federal Income Taxable withheld = $533, 72
#5. Employee Contributions/Designated Roth Contributions or Insurance Premiums = $8,665.10
#7. Distributions Code (s) 7
I also got a payment summary sheet.
ON THE PAYMENT SUMMARY SHEET
Total Distribution: $11,533.72
Taxable Payment paid directly to you, not Rollover: $2,668.62
Distribution not currently Taxable: $2,668.62
After-Tax Distributions paid directly to you, not Rollover: $8,668.62
Distribution not currently Taxable: $8,668.62
ADDITIONAL TAX INFORMATION
Ordinary Income: $2,668.62
Can someone help me on how I can put these Data’s in Form 8606-T. This form has Part 1, 2 & 3 and too complex to know what goes where because the items are too identical. I will appreciate any little help I can get from.
