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2018Instructions for Form 8606Department of the Treasury Internal Revenue ServiceNondeductible IRAs (Rev. July 2020) Section references are to the Internal Revenue Code unless otherwise noted. General

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What is instructions for form 8606?

Instructions for form 8606 provide guidance on how to fill out the form for reporting nondeductible contributions to traditional IRAs and Roth conversions.

Who is required to file instructions for form 8606?

Individuals who made nondeductible contributions to a traditional IRA or converted funds from a traditional IRA to a Roth IRA are required to file instructions for form 8606.

How to fill out instructions for form 8606?

Instructions for form 8606 must be filled out accurately by providing details of nondeductible contributions and Roth conversions as required by the IRS guidelines.

What is the purpose of instructions for form 8606?

The purpose of instructions for form 8606 is to help taxpayers correctly report nondeductible contributions and Roth conversions to avoid any tax penalties or errors.

What information must be reported on instructions for form 8606?

Information such as nondeductible contributions made to a traditional IRA, Roth conversions, and any distributions taken must be reported on instructions for form 8606.

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