dmertz
Level 15

Retirement tax questions

"Distributions from a Roth IRA (especially to calculate the taxable amount of a nonqualified Roth IRA distribution.)"

 

More accurately, the only Roth IRA distributions reported on Form 8606 are nonqualified Roth IRA distributions and qualified first-time homebuyer distributions.  Regular qualified Roth IRA distributions are never reported on Form 8606.

 

In this case you apparently have received a nonqualified distribution required to be reported on Form 8606 Part III to determine the taxable amount, even if the taxable amount ends up being zero.