F.8606

F.8606 Department of the Tress u5. Interrel Revenue Servce (991 Name. If marred. file a separate form for each spouse reused to Ne 2017 Form 8606. See instructions. Nondeductible IRAs ► Go to www.irs.gov/Form8606 for instructions and the latest Information. ► Attach to 2017 Form 1040, 2017 Form 1040A, or 2017 Form 1040NR. OMB No. 1545-0074 2017 Attachment Sequence No. 48 Fill in Your Address Only if You Are Filing This Form by Itself and Not With Your Tax Return Part I Your social security number Home address (number and street. or P.O. box if mai is not delivered to your home) Apt. no. City. town a post office. slate. and ZIP code. If you have a fore* Seas. So complete the spaces below (see antructionQ. Foreign country name Foreign province/state/county If this is an amended return. check here P. K Foreign postal code Nondeductible Contributions to Traditional IRAs and Distributions From Traditional, SEP, and SIMPLE IRAs Complete this part only if one or more of the following apply. • You made nondeductible contributions to a traditional IRA for 2017. • You took distributions from a traditional, SEP, or SIMPLE IRA in 2017 and you made nondeductible contributions to a traditional IRA in 2017 or an earlier year. For this purpose, a distribution does not include a rollover (other than a repayment of a qualified disaster distribution (see 2017 Forms 8915A and 8915B)), qualified charitable distribution, one- time distribution to fund an HSA, conversion, recharacterization, or return of certain contributions. • You converted part, but not all, of your traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2017 (excluding any portion you recharacterized) and you made nondeductible contributions to a traditional IRA in 2017 or an earlier year. 1 Enter your nondeductible contributions to traditional IRAs for 2017, including those made for 2017 from January 1, 2018, through April 17, 2018. See instructions 2 Enter your total basis in traditional IRAs. See instructions 3 Add lines 1 and 2 In 2017, did you take a distribution No 0 Enter the amount from line 3 on line 14. from traditional, SEP, or SIMPLE IRAs, Do not complete the rest of Part I. or make a Roth IRA conversion? Yes 0 Go to line 4 4 Enter those contributions included on line 1 that were made from January 1, 2018, through April 17, 2018 5 Subtract line 4 from line 3 6 Enter the value of all your traditional, SEP, and SIMPLE IRAs as of December 31, 2017, plus any outstanding rollovers. Subtract any repayments of qualified disaster distributions (see 2017 Forms 8915A and 8915B). If the result is zero or less, enter -0-. See instructions . . . . 6 7 Enter your distributions from traditional, SEP, and SIMPLE IRAs in 2017. Do not include rollovers (other than repayments of qualified disaster distributions (see 2017 Forms 8915A and 89158)), qualified charitable distributions, a one-time distribution to fund an HSA, conversions to a Roth IRA, certain returned contributions, or recharacterizations of traditional IRA contributions (see instructions) . 8 Enter the net amount you converted from traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2017. Do not include amounts converted that you later recharacterized (see instructions). Also enter this amount on line 16 . 9 Add lines 6, 7, and 8 19 10 Divide line 5 by line 9. Enter the result as a decimal rounded to at least 3 places. If the result is 1.000 or more, enter "1.000" 10 11 Multiply line 8 by line 10. This is the nontaxable portion of the amount you converted to Roth IRAs. Also enter this amount on line 17 . . . 12 Multiply line 7 by line 10. This is the nontaxable portion of your distributions that you did not convert to a Roth IRA 13 Add lines 11 and 12. This is the nontaxable portion of all your distributions 14 Subtract line 13 from line 3. This is your total basis in traditional IRAs fo 2017 and earlier years 15a Subtract line 12 from line 7 b Enter the amount on line 15a attributable to qualified disaster distributions from 2017 Forms 8915A and 89158 (see instructions). Also, enter this amount on 2017 Form 8915A, line 22, or 2017 Form 89158, line 13, as applicable c Taxable amount Subtract line 15b from line 15a. If more than zero, also include this amount on 2017 Form 1040, line 15b; 2017 Form 1040A, line 11 b; or 2017 Form 1040NR, line 16b . . . Note: You may be subject to an additional 10% tax on the amount on line 15c if you were under age 59% at the time of the distribution. See instructions. 7 8 11 12 1 2 1 13 1 14 15a 15b 15c For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. Form 8606 (20i 7) EFTA01222810 Fonn 8606 (2017) Page 2 Part II 2017 Conversions From Traditional, SEP, or SIMPLE IRAs to Roth IRAs Complete this part if you converted part or all of your traditional, SEP, and SIMPLE IRAs to a Roth IRA in 2017 (excluding any portion you recharacterized). 16 If you completed Part I, enter the amount from line 8. Otherwise, enter the net amount you converted from traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2017. Do not include amounts you later recharacterized back to traditional, SEP, or SIMPLE IRAs in 2017 or 2018 (see instructions) 17 If you completed Part I, enter the amount from line 11. Otherwise, enter your basis in the amount on line 16 (see instructions) 18 Taxable amount Subtract line 17 from line 16. If more than zero, also include this amount on 2017 Form 1040, line 15b; 2017 Form 1040A, line 11b; or 2017 Form 1040NR, line 16b . . . . 16 17 18 haul Distributions From Roth IRAs Complete this part only if you took a distribution from a Roth IRA in 2017. For this purpose, a distribution does not include a rollover (other than a repayment of a qualified disaster distribution (see 2017 Forms 8915A and 89158)), qualified charitable distribution, one-time distribution to fund an HSA, recharacterization, or return of certain contributions (see instructions). 19 Enter your total nonqualified distributions from Roth IRAs in 2017, including any qualified first-time homebuyer distributions, and any qualified disaster distributions (see instructions). Also see 2017 Forms 8915A and 8915B 20 Qualified first-time homebuyer expenses (see instructions). Do not enter more than $10,000 21 Subtract line 20 from line 19. If zero or less, enter -0- 22 Enter your basis in Roth IRA contributions (see instructions). If line 21 is zero, stop here . . . . 23 Subtract line 22 from line 21. If zero or less, enter -0- and skip lines 24 and 25. If more than zero, you may be subject to an additional tax (see instructions) 24 Enter your basis in conversions from traditional, SEP, and SIMPLE IRAs and rollovers from qualified retirement plans to a Roth IRA. See instructions 25a Subtract line 24 from line 23. If zero or less, enter -0- and skip lines 25b and 25c b Enter the amount on line 25a attributable to qualified disaster distributions from 2017 Forms 8915A and 89158 (see instructions). Also, enter this amount on 2017 Form 8915A, line 23, or 2017 Form 89158, line 14, as applicable c Taxable amount Subtract line 25b from line 25a. If more than zero, also include this amount on 2017 Form 1040, ire 15b; 2017 Form 1040A, line 11b; or 2017 Form 1040NR, line 16b . . . . 19 20 21 22 23 24 25a 25b 25c Sign Here Only if You Are Filing This Form by Itself and Not With Your Tax Return Under penalties of perjury. I declare that I have examined this form. including accompanying attachments. and to the best of my knowledge and belief. it is that correct and complete. Declaration of prepare( (other than taxpayer) is based on all information of which pieparer has any knowledge. Your signature Date Paid Preparer Use Only Print/Type preparer's name Preparer's signature Date Check K if self-employed PTIN Firm's name ► Firm's EIN ► Firm's address ► Phone no. Form 8606 (2017) EFTA01222811