RobertW
New Member

Retirement tax questions

shellsbush180 -


Hello - do not include the balance of your 401(k) on lins 6 of the 8606 but you do include the balance of the "Rollover IRA".  You do not include the 401(k) because it is up to the plan administrator to keep track of any after tax contributions but once they become IRA's the burden is on you.

Deemed IRA's by definition do not include 401(k)'s because 401(k) plans are not a separate account or annuity.  You are just "part" of the entire plan.


Deemed IRAs.
A qualified employer plan (retirement plan) can maintain a separate account or annuity under the plan (a deemed IRA) to receive voluntary employee contributions. If the separate account or annuity otherwise meets the requirements of an IRA, it will be subject only to IRA rules. An employee's account can be treated as a traditional IRA or a Roth IRA.
For this purpose, a "qualified employer plan" includes:
  • A qualified pension, profit-sharing, or stock bonus plan (section 401(a) plan),
  • A qualified employee annuity plan (section 403(a) plan),
  • A tax-sheltered annuity plan (section 403(b) plan), and
  • A deferred compensation plan (section 457 plan) maintained by a state, a political subdivision of a state, or an agency or instrumentality of a state or political subdivision of a state.

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