FORM 8606 SHOULD BE FILED IF:
01.Core Concepts
• You made nondeductible contributions to a traditional IRA for the year. • You received distributions from a traditional, SEP, or SIMPLE IRA and your basis in traditional IRAs is more than zero. (Does not include a rollover.) • You converted an amount from a traditional, SEP, or SIMPLE IRA to a Roth IRA. • You received distributions from a Roth IRA. • You made a repayment of a qualified disaster recovery assistance or qualified recovery assistance distribution that is attributable to previously nondeductible contributions. • You received a distribution from an inherited Roth IRA that was not a qualified distribution or from an inherited traditional IRA that has basis, or you rolled over an inherited plan account to a Roth IRA.