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Line 6 of Form 8606 (Include Spouse IRA)?

When completing Form 8606, each spouse completes the form.  For line 6, it asks the value of all traditional, SEP and SIMPLE IRAs.   (1) Does this total value include each spouse or a total for both spouses? (2) Does this exclude ROTH IRAs?

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MarilynG1
Expert Alumni

Line 6 of Form 8606 (Include Spouse IRA)?

The value of IRAs from Form 8606 is separate for each spouse, and does not include Roth IRAs.

 

Click this link for more info on Value of Traditional IRAs

 

 

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1 Reply
MarilynG1
Expert Alumni

Line 6 of Form 8606 (Include Spouse IRA)?

The value of IRAs from Form 8606 is separate for each spouse, and does not include Roth IRAs.

 

Click this link for more info on Value of Traditional IRAs

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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