Taxable IRA distributions with IRA contributions worksheet

If a taxpayer has basis in a traditional IRA, is making a current-year contribution to a traditional IRA, which requires the calculation of modified AGI, and has a current-year distribution or conversion from a traditional IRA, then UltraTax CS uses the Taxable IRA Distributions with IRA Contributions Worksheet from IRS Publication 590-A to determine the portion of the distribution attributable to nondeductible contributions, deductible contributions, and amounts converted to a Roth IRA.
To view the Taxable IRA Distributions with IRA Contributions Worksheet, go to
Forms
and select the
8606
folder.
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