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 5 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 1999, including those made for 1999

from January 1, 2000, through April 17, 2000. See page 5 of the instructions

2 Enter your total IRA basis for 1998 and earlier years. See page 5 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, 2000, through April

17, 2000. See page 5 of the instructions

5

4

Subtract line 4 from line 3 5

6 Enter the total value of ALL your traditional IRAs as of December 31,

1999, plus any outstanding rollovers. See page 5 of the instructions

7

7

Enter the total distributions you received from traditional IRAs in 1999.

Do not include rollovers. See page 5 of the instructions

8

8

9

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

or all of your traditional IRAs to Roth IRAs in

1999, see page 5 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 1999

11

11

12

Subtract line 10 from line 5. (But if you converted part or all of your traditional IRAs to Roth IRAs in

1999, see page 6 of the instructions for the amount to enter.) This is your basis in traditional IRAs as

of December 31, 1999

12

13

13

Add lines 4 and 11. This is your total basis in traditional IRAs for 1999 and earlier years

Cat. No. 63966F Form 8606 (1999)



Did you receive

any distributions

(withdrawals)

from traditional

IRAs in 1999?

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 IRAs. Subtract line 10 from line 7. Enter the result here and

include it in the total on Form 1040, line 15b; Form 1040A, line 10b; or Form 1040NR, line 16b





6

For Paperwork Reduction Act Notice, see page 8.

(99)

Part I

Part II

Traditional IRAs (Nondeductible Contributions, Distributions, and Basis)

Complete Part I if:

1999 Conversions From Traditional 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 1999, you cannot convert any amount from traditional IRAs to Roth IRAs for 1999. If you erroneously

made a conversion, you must recharacterize (correct) the conversion. See page 6 of the instructions for details.

14 Enter the total amount that you converted from traditional IRAs to Roth IRAs in 1999

15 Enter your basis in the amount you entered on line 14c. See page 6 of the instructions

16 Taxable amount of conversions. Subtract line 15 from line 14c. Enter the result here and include

this amount in the total on Form 1040, line 15b; Form 1040A, line 10b; or Form 1040NR, line 16b

14a

15

16

a

b

c

Recharacterizations. (These are corrections of amounts converted from traditional IRAs to Roth IRAs

in 1999.) See page 3 of the instructions

Subtract line 14b from line 14a. This is the net amount you converted to Roth IRAs in 1999

14b

14c

● You made nondeductible contributions to a traditional IRA for 1999,

● You received distributions from a traditional IRA in 1999 and you made nondeductible contributions to a traditional IRA in

1999 or an earlier year, or

● You converted part, but not all, of your traditional IRAs to Roth IRAs during 1999 and you made nondeductible contributions

to a traditional IRA in 1999 or an earlier year. See the instructions for lines 8, 11, and 15 for special computations.

1999
Form 8606 (1999) 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 the total Roth IRA distributions (withdrawals) you received in 1999. Do not include rollovers

18 Enter your basis in your Roth IRA contributions for 1998. See page 6 of

the instructions

Caution: For 1999, a beneficiary can receive total contributions to Ed IRAs of up to $500. See page 7 of the instructions if

contributions exceeded $500.

28 Enter the total Ed IRA distributions (withdrawals) you received in 1999. 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 will be

allowed for your 1999 qualified tuition and related expenses.

No. Enter your qualified higher education expenses for 1999.

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 1999. But you should

complete the worksheet on page 7 of the instructions to figure your basis in your

Ed IRAs. You may need to know your basis in future years.

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 10b; or Form

1040NR, line 16b.

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 Subtract the amount from your 1998 Form 8606, line 17, from the amount

on line 16 of that form and enter the result

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 your Roth IRA conversions for 1998. See page 7 of

the instructions

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

27 Taxable amount. Add lines 20c, 21, and 26. Enter the total here and include this amount in the total

on Form 1040, line 15b; Form 1040A, line 10b; or Form 1040NR, line 16b

19

23

24

27

b

c

a

Enter your Roth IRA contributions for 1999, including those made for 1999

from January 1, 2000, through April 17, 2000. Do not include rollovers or

amounts converted from traditional IRAs

Recharacterizations of 1999 contributions to or from Roth IRAs. See

page 6 of the instructions

Note: If you have a taxable amount on line 30, you may be subject to an additional 10% tax. See

page 8 of the instructions for details, including exceptions to the additional tax.

18a

18b

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

There is a worksheet on page 6 of the instructions to help you keep track of your contributions, distributions, and

year-end balances in your Roth IRA. You may need these amounts 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 income over 4 years, go to line 20a; otherwise, skip to line 21.

b Enter the amount, if any, from your 1998

Form 8606, line 22

c Enter the 1999 taxable portion of your 1998

Roth IRA conversion. See page 7 of the

instructions. Be sure to include this amount

on line 27 

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 (1999)

Yes. Enter -0-.