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Financial Planning / Tax Strategies
|Subject: Re: Non-deductible IRA||Date: 3/20/2013 3:03 PM|
|Author: Wradical||Number: 118091 of 124774|
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.
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