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wjmcap
New Member

For Form 8606, line 6, do I include the value of Rollover IRAs and 401(k)s when determining the value of all traditional IRAs?

I'm still employed at the company where I have the 401K.
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dmertz
Level 15

For Form 8606, line 6, do I include the value of Rollover IRAs and 401(k)s when determining the value of all traditional IRAs?

Rollover IRAs yes, 401(k)s no.  Only the total year end balance in traditional IRAs is to be included on Form 8606 line 6 (including SEP, SIMPLE and rollover IRAs).  A 401(k) is not an IRA.

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dmertz
Level 15

For Form 8606, line 6, do I include the value of Rollover IRAs and 401(k)s when determining the value of all traditional IRAs?

Rollover IRAs yes, 401(k)s no.  Only the total year end balance in traditional IRAs is to be included on Form 8606 line 6 (including SEP, SIMPLE and rollover IRAs).  A 401(k) is not an IRA.

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