Form 8606

Description

Form 8606 - is used to (1) report your nondeductible contributions to traditional IRAs, (2) figure the taxable part of any distributions you received from traditional IRAs if you have ever made nondeductible contributions to traditional IRAs, (3) figure the taxable amount on conversions from traditional IRAs to Roth IRAs, (4) figure the taxable amount of any distributions you received from Roth IRAs.

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