8606: I have IRAs & 401k. Received RMDs from both in 2018. Then rolled over 401K to IRA. If line 7 is only IRA RMD $ does 401K rollover amount need to be added to line 6?

[tjmn_tax]

Adding the 401k Rollover to IRA dollars  to line 6  significantly reduces the line 14 amount to use up my basis. Besides, those dollars were already included in the RMD from the 401k before the rollover.

[macuser_22 · Accepted solution]

Yes, it must be included.   The 401(k) RMD taken before the rollover is accounted for because that money was not in the 401(k) amount that was rolled over so there was less money to rollover.

The line 6 amount is the 2018 December 31, total value of all Traditional, SEP and SIMPLE IRA accounts that existed on that date.