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Author: pmarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121316  
Subject: Re: Roth IRA recharacterization Date: 2/20/2003 5:32 AM
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I received distributions from traditional IRAs with non-zero basis, BUT, the above statement says that I do not have to file the 8606 if the distribution was from a conversion, which mine was from traditional IRA to a Roth IRA.

The 3rd bullet says: "You converted an amount from a traditional, SEP, or simple IRA to a Roth IRA in 2002 (unless you recharacterized the entire conversion - see page 3) This is what I did! So, again it seems that I don't have to file Form 8606


If I understand your situation, the only IRA distribution you had was a conversion to Roth which was subsequently recharacterized in full. If so, then you don't have to file the Form 8606; just attach your explanation.

Phil
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