Shirley79
Level 4

 

FORM 5498 IRA CONTRIBUTION INFORMATION PAGE SHOWS A LARGE AMOUNT ON LINE 3

BACK OF 5498 SAYS TO ENTER THAT NUMBER ON 8606 TO FIGURE TAXABLE AMOUNT

THE AMOUNT ON LINE 3 (ROTH IRA COVERSION AMOUNT) IS NOT ON HIS TRADITIONAL IRA

1099'S.   

DOES LINE 3 NEED TO BE ENTERED SOMEWHERE, IF SO, WHERE AND IS IT TAXABLE?

 

 

 

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