Federal Free Printable 2016 Form 8606 for 2017 Federal Nondeductible IRAs

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2016-federal-form-8606.pdf, and you can print it directly from your computer.

Nondeductible IRAs
2016 Form 8606

Form 8606 Nondeductible IRAs ▶ OMB No. 1545-0074 ▶ Attach to Form 1040, Form 1040A, or Form 1040NR. ▲ Part I Attachment Sequence No. 48 Your social security number Name. If married, file a separate form for each spouse required to file Form 8606. See instructions. Fill in Your Address Only If You Are Filing This Form by Itself and Not With Your Tax Return 2016 Information about Form 8606 and its separate instructions is at www.irs.gov/form8606. Department of the Treasury Internal Revenue Service (99) Home address (number and street, or P.O. box if mail is not delivered to your home) Apt. no. City, town or post office, state, and ZIP code. If you have a foreign address, also complete the spaces below. Foreign country name Foreign province/state/county Foreign postal code Nondeductible Contributions to Traditional IRAs and Distributions From Traditional, SEP, and SIMPLE IRAs Complete this part only if one or more of the following apply. • You made nondeductible contributions to a traditional IRA for 2016. • You took distributions from a traditional, SEP, or SIMPLE IRA in 2016 and you made nondeductible contributions to a traditional IRA in 2016 or an earlier year. For this purpose, a distribution does not include a rollover, qualified charitable distribution, one-time distribution to fund an HSA, conversion, recharacterization, or return of certain contributions. • You converted part, but not all, of your traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2016 (excluding any portion you recharacterized) and you made nondeductible contributions to a traditional IRA in 2016 or an earlier year. 1 2 3 4 5 6 Enter your nondeductible contributions to traditional IRAs for 2016, including those made for 2016 from January 1, 2017, through April 18, 2017 (see instructions) . . . . . . . . . . . . Enter your total basis in traditional IRAs (see instructions) . . . . . . . . . . . . . . Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . No ▶ Enter the amount from line 3 on line 14. In 2016, did you take a distribution Do not complete the rest of Part I. from traditional, SEP, or SIMPLE IRAs, or make a Roth IRA conversion? Yes ▶ Go to line 4. Enter those contributions included on line 1 that were made from January 1, 2017, through April 18, 2017 Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . Enter the value of all your traditional, SEP, and SIMPLE IRAs as of December 31, 2016, plus any outstanding rollovers (see instructions) . . 6 7 Enter your distributions from traditional, SEP, and SIMPLE IRAs in 2016. Do not include rollovers, qualified charitable distributions, a onetime distribution to fund an HSA, conversions to a Roth IRA, certain returned contributions, or recharacterizations of traditional IRA contributions (see instructions) . . . . . . . . . . . . . . 8 Enter the net amount you converted from traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2016. Do not include amounts converted that you later recharacterized (see instructions). Also enter this amount on line 16 . 8 Add lines 6, 7, and 8 . . . . . . . . 9 Divide line 5 by line 9. Enter the result as a decimal rounded to at least × . 3 places. If the result is 1.000 or more, enter “1.000” . . . . . . 10 Multiply line 8 by line 10. This is the nontaxable portion of the amount you converted to Roth IRAs. Also enter this amount on line 17 . . . 11 Multiply line 7 by line 10. This is the nontaxable portion of your distributions that you did not convert to a Roth IRA . . . . . . . 12 Add lines 11 and 12. This is the nontaxable portion of all your distributions . . . . . . . . Subtract line 13 from line 3. This is your total basis in traditional IRAs for 2016 and earlier years Taxable amount. Subtract line 12 from line 7. If more than zero, also include this amount on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b . . . . . . . . . . . . Note: You may be subject to an additional 10% tax on the amount on line 15 if you were under age 59½ at the time of the distribution (see instructions). 9 10 11 12 13 14 15 For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. 1 2 3 4 5 7 Cat. No. 63966F 13 14 15 Form 8606 (2016) Page 2 Form 8606 (2016) Part II 2016 Conversions From Traditional, SEP, or SIMPLE IRAs to Roth IRAs Complete this part if you converted part or all of your traditional, SEP, and SIMPLE IRAs to a Roth IRA in 2016 (excluding any portion you recharacterized). 16 17 18 If you completed Part I, enter the amount from line 8. Otherwise, enter the net amount you converted from traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2016. Do not include amounts you later recharacterized back to traditional, SEP, or SIMPLE IRAs in 2016 or 2017 (see instructions) If you completed Part I, enter the amount from line 11. Otherwise, enter your basis in the amount on line 16 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . Taxable amount. Subtract line 17 from line 16. If more than zero, also include this amount on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b . . . . . . . . . . Part III Distributions From Roth IRAs 16 17 18 Complete this part only if you took a distribution from a Roth IRA in 2016. For this purpose, a distribution does not include a rollover, qualified charitable distribution, one-time distribution to fund an HSA, recharacterization, or return of certain contributions (see instructions). 19 Paid Preparer Use Only ▲ ▲ Enter your total nonqualified distributions from Roth IRAs in 2016, including any qualified first-time homebuyer distributions (see instructions) . . . . . . . . . . . . . . . . . . . 19 20 Qualified first-time homebuyer expenses (see instructions). Do not enter more than $10,000 . . 20 21 Subtract line 20 from line 19. If zero or less, enter -0- . . . . . . . . . . . . . . . . 21 22 22 Enter your basis in Roth IRA contributions (see instructions). If line 21 is zero, stop here . . . . 23 Subtract line 22 from line 21. If zero or less, enter -0- and skip lines 24 and 25. If more than zero, you may be subject to an additional tax (see instructions) . . . . . . . . . . . . . . 23 24 Enter your basis in conversions from traditional, SEP, and SIMPLE IRAs and rollovers from qualified retirement plans to a Roth IRA (see instructions) . . . . . . . . . . . . . . 24 25 Taxable amount. Subtract line 24 from line 23. If more than zero, also include this amount on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b . . . . . . . . . . 25 Sign Here Only If You 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. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Are Filing This Form by Itself and Not With Your Tax Return Date Your signature Print/Type preparer’s name Preparer’s signature Date Check if PTIN self-employed Firm’s name ▶ Firm’s EIN Firm’s address ▶ Phone no. ▶ Form 8606 (2016)
Extracted from PDF file 2016-federal-form-8606.pdf, last modified November 2016

More about the Federal Form 8606 Individual Income Tax TY 2016

We last updated the Nondeductible IRAs in January 2017, so this is the latest version of Form 8606, fully updated for tax year 2016. You can download or print current or past-year PDFs of Form 8606 directly from TaxFormFinder. You can print other Federal tax forms here.

Other Federal Individual Income Tax Forms:

TaxFormFinder has an additional 774 Federal income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form 1040-V Payment Voucher
1040 (Schedule A) Itemized Deductions
Form 1040 U.S. Individual Income Tax Return
1040 (Schedule B) Interest and Ordinary Dividends
1040 (Schedule SE) Self-Employment Tax

Download all  tax forms View all 775 Federal Income Tax Forms


Form Sources:

The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal Form 8606 from the Internal Revenue Service in January 2017.

Show Sources >

About the Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of Federal Form 8606

We have a total of six past-year versions of Form 8606 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2016 Form 8606

2016 Form 8606

Nondeductible IRAs 2015 Form 8606

2015 Form 8606

Nondeductible IRAs 2014 Form 8606

2014 Form 8606

Nondeductible IRAs 2013 Form 8606

2013 Form 8606

Nondeductible IRAs 2012 Form 8606

2012 Form 8606

Nondeductible IRAs 2011 Form 8606

2011 Form 8606


TaxFormFinder Disclaimer:

While we do our best to keep our list of Federal Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/federal/form-8606