OMB No. 1545-1007

Form 8606 Nondeductible IRAs

 See separate instructions.

Department of the Treasury

Internal Revenue Service

Attachment

 Attach to Form 1040, Form 1040A, or Form 1040NR. Sequence No. 48

Name. If married, file a separate form for each spouse required to file Form 8606. See page 3 of the instructions. Your social security number

Home address (number and street, or P.O. box if mail is not delivered to your home) Apt. no. Fill in Your Address Only

if You Are Filing This

Form by Itself and Not

With Your Tax Return

City, town or post office, state, and ZIP code

1

1 Enter your nondeductible contributions to traditional IRAs for 2000, including those made for 2000

from January 1, 2001, through April 16, 2001. See page 3 of the instructions

2 Enter your total basis in traditional IRAs for 1999 and earlier years. See page 3 of the instructions 2

3 Add lines 1 and 2

4

3

Enter only those contributions included on line 1 that were made from January 1, 2001, through April

16, 2001. See page 3 of the instructions

5

4

Subtract line 4 from line 3 5

6 Enter the value of all your traditional and SIMPLE IRAs as of December

31, 2000, plus any outstanding rollovers. See page 4 of the instructions

7

7

Enter your total distributions from traditional and SIMPLE IRAs in 2000. Do

not include rollovers or Roth IRA conversions. See page 4 of the instructions

8

8

9

Add lines 6 and 7. (But if you converted any

amount from traditional or SIMPLE IRAs to

Roth IRAs in 2000, see page 4 of the

instructions for the amount to enter.)

9

 .

10

Divide line 5 by line 8 and enter the result as a decimal (rounded to at

least 3 places). Do not enter more than “1.000”

10 Multiply line 7 by line 9. This is the amount of your nontaxable distributions for 2000

11

11

12

Subtract line 10 from line 5. (But if you converted any amount from traditional or SIMPLE IRAs to Roth

IRAs in 2000, see page 4 of the instructions for the amount to enter.) This is your basis in traditional

IRAs as of December 31, 2000

12

13

13

Add lines 4 and 11. This is your total basis in traditional IRAs for 2000 and earlier years

Cat. No. 63966F Form 8606 (2000)



Did you receive any

distributions from

traditional or SIMPLE

IRAs or make a Roth IRA

conversion in 2000?

No

Yes

Enter the amount from

line 3 on line 12. Do not

complete the rest of Part I.

Go to line 4.

Taxable distributions from traditional and SIMPLE IRAs. Subtract line 10 from line 7. Also include

this amount on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b





6

For Paperwork Reduction Act Notice, see page 8.

(99)

Part I

Part II

Traditional and SIMPLE IRAs

Complete Part I if:

2000 Conversions From Traditional or SIMPLE IRAs to Roth IRAs

Caution: If your modified adjusted gross income is over $100,000 or you are married filing separately and you lived with your

spouse at any time in 2000, you cannot convert any amount from traditional or SIMPLE IRAs to Roth IRAs for 2000. If you

erroneously made a conversion, you must recharacterize (correct) the conversion. See page 4 of the instructions for details.

14 Enter the total amount you converted from traditional and SIMPLE IRAs to Roth IRAs in 2000

15 Enter your basis in the amount on line 14c from traditional IRAs. See page 6 of the instructions

16 Taxable amount of conversions. Subtract line 15 from line 14c. Also include this amount on Form

1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b

14a

15

16

a

b

c

Enter the portion of the amount on line 14a that you recharacterized back to a traditional or SIMPLE

IRA. Do not include earnings or reduce the amount recharacterized by any loss that occurred in the

Roth IRA. See page 5 of the instructions

Subtract line 14b from line 14a. This is the net amount you converted to Roth IRAs in 2000

14b

14c

● You made nondeductible contributions to a traditional IRA for 2000,

● You received distributions from a traditional or SIMPLE IRA in 2000 and you made nondeductible contributions to a traditional

IRA in 2000 or an earlier year, or

● You converted part, but not all, of your traditional or SIMPLE IRAs to Roth IRAs in 2000 and you made nondeductible

contributions to a traditional IRA in 2000 or an earlier year. See the instructions for lines 8, 11, and 15 for special computations.

2000
Form 8606 (2000) Page 2

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 true, correct, and complete. Sign Here Only if You

Are Filing This Form

by Itself and Not With

Your Tax Return  Your signature  Date

Part III

Part IV

Distributions From Roth IRAs

17 Enter your total distributions from Roth IRAs in 2000. Do not include rollovers

18 Enter your basis in Roth IRA contributions for 1998 and 1999. See

page 6 of the instructions

Caution: For 2000, you can receive up to $500 of contributions to Ed IRAs. See page 7 of the instructions if the contributions

to your Ed IRAs were over $500.

28 Enter the total distributions from your Ed IRAs in 2000. Do not include rollovers

29 Do you elect to waive the exclusion from income for Ed IRA distributions? If you check “No” and

exclude from income any portion of an Ed IRA distribution, no Hope or lifetime learning credit can be

claimed for your 2000 qualified higher education expenses.

No. Enter your qualified higher education expenses for 2000.

30 Taxable amount. Is line 28 equal to or less than line 29?

Yes. Enter -0-; none of your Ed IRA distributions are taxable for 2000. Be sure to keep

a copy of this form for your records so you can figure your basis in your Ed IRAs.

You may need to know your basis in future years. See page 7 of the instructions.

No. See the worksheet on page 7 of the instructions for the amount to enter. Also include

this amount in the total on Form 1040, line 15b; Form 1040A, line 11b; or Form

1040NR, line 16b. See page 8 of the instructions to find out if you owe an additional

10% tax.

17

Distributions From Education (Ed) IRAs

28

29

30





19 Subtract line 18d from line 17. If zero or less, enter -0- and do not complete the rest of Part III

20a Enter the amount from your 1998 Form 8606, line 16

21 Enter the smaller of line 19 or line 20e. If line 20e is blank, enter -0- 

22 Subtract line 21 from line 19. If zero, skip lines 23 through 26 and go to line 27

23 Enter your basis in Roth IRA conversions for 1998 and 1999. See

page 7 of the instructions

24 Enter the amount, if any, from line 14c of this form

27 Taxable distributions from Roth IRAs. Add lines 20c, 21, and 26. Also include this amount in the

total on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b

19

23

24

27

b

c

a

Enter your contributions to Roth IRAs for 2000, including those made for

2000 from January 1, 2001, through April 16, 2001. Do not include

rollovers or amounts converted from traditional or SIMPLE IRAs

Recharacterizations of 2000 contributions to or from Roth IRAs. See

page 6 of the instructions

18a

18b

Note: You may be subject to an additional 10% tax. See page 7 of the instructions for details.

Be sure to keep copies of all Forms 1099-R, 5498, and 8606 for all years. You will need amounts from these forms

if you take a nonqualified distribution (see page 2 of the instructions) from a Roth IRA in future years.

d Combine lines 18a through 18c

Note: If you converted amounts from traditional IRAs to Roth IRAs in 1998 and elected to report the

taxable portion over 4 years, go to line 20a; otherwise, skip to line 21.

b Enter the amount from line 5 of the worksheet

on page 6 of the instructions

c Enter the amount from line 8 of the worksheet

on page 6 of the instructions 

d

e

Add lines 20b and 20c

Subtract line 20d from line 20a. If zero or less, enter -0-

25 Add lines 23 and 24

26 Subtract line 25 from line 19. If zero or less, enter -0- 

20a

20d

20b

20c

20e

18d

18c

21

22

26

25

Form 8606 (2000)

Yes. Enter -0-.

Complete Part III only if you received a Roth IRA distribution in 2000 or you recharacterized 2000 contributions to

or from a Roth IRA.