The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Non-deductible IRA||Date: 3/20/2013 3:03 PM|
|Author: Wradical||Number: 118091 of 121341|
Thanks for the reply.I haven't filed taxes for 2012 still.
Should I file 8606 with my taxes? My reasoning for
withdrawal was the tracking needed for my non-deductable
portion of IRA.
Yes, it would serve to document the nontaxable nature of the withdrawal that will be reported on your 1099-R for 2013.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|