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If your Traditional IRA contains both before-tax and after-tax money then the after-tax money is a "basis" in the IRA which will affect the taxable portion of the distribution. It has nothing to do with the amount of a 2017 RMD which is determined by the total value of all Traditional IRA accounts as of December 31, 2016.
The after-tax money should have been reported on a 8606 form at the time of rollover and if there have been any distributions since then a new 8606 would be generated to calculate the taxable/non-taxable portion of the distribution, with the new carry forward basis in box 14.
Any time a distribution is made, the taxable/non-taxable amount must be prorated between the amount of the distribution and the total year end value of all Traditional, SEP and SIMPLE IRA's that you might have. That is done by using the carry forward 8606 box 14 amount from the last 8606 that was filed and calculated on lines 6-15 on a new 8606 with the new carry forward basis in box 14 for future distributions.
A 8606 is only generated if there is either a new non-deductible contribution, a distribution or a Roth conversion, otherwise the last filed, not matter how long ago, is the 8606 to use.
If your Traditional IRA contains both before-tax and after-tax money then the after-tax money is a "basis" in the IRA which will affect the taxable portion of the distribution. It has nothing to do with the amount of a 2017 RMD which is determined by the total value of all Traditional IRA accounts as of December 31, 2016.
The after-tax money should have been reported on a 8606 form at the time of rollover and if there have been any distributions since then a new 8606 would be generated to calculate the taxable/non-taxable portion of the distribution, with the new carry forward basis in box 14.
Any time a distribution is made, the taxable/non-taxable amount must be prorated between the amount of the distribution and the total year end value of all Traditional, SEP and SIMPLE IRA's that you might have. That is done by using the carry forward 8606 box 14 amount from the last 8606 that was filed and calculated on lines 6-15 on a new 8606 with the new carry forward basis in box 14 for future distributions.
A 8606 is only generated if there is either a new non-deductible contribution, a distribution or a Roth conversion, otherwise the last filed, not matter how long ago, is the 8606 to use.
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