2599356
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

scdaru
New Member

Form 8606 - Amount in excess of RMD

How to show Roll Over to Roth? IRA MRD is $50,000, but I withdrew $70,000 and coverted $20,00 to Roth. How do I show such info on the Form 8606?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Form 8606 - Amount in excess of RMD

As I read the Form 8606, you would enter $70,000 on line 7, Part I.  Then you would enter $20,000 on line 8 and again on line 16.  Also, look at the questions above line 4 and line 4 in part I

 

Also, you would need to complete the res of the applicable line items.

**Disclaimer: Effort has been made to offer correct information; but due to the discussion forum limitations, the poster disclaims any legal responsibility for the accuracy of the poster's response**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question