Announcement

Collapse
No announcement yet.

IRA rollover to 401(k)

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    IRA rollover to 401(k)

    A couple of years ago I rolled a traditional IRA into a 401(k). The IRA had basis because of some non-deductible contributions. Form 8606 is used to report that basis upon distribution from an IRA. Is there a similar way to report the basis when distributed now that it is in a 401(k)?

    #2
    Probably should not

    have rolled over the nondeductible contributions. Why roll an IRA over to a 401k anyhow?

    Another thought, the 401k will probably be rolled over to an IRA at sometime so I would continue tracking the nondeductible portion.

    Comment

    Working...
    X