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posted Mar 19, 2022 1:39:22 PM

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?

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1 Replies
Alumni
Mar 19, 2022 2:58:45 PM

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.