Tax Help Archives  
>
                
		      <map name=


Form 8606 (2004) Page 2. Summary: This is an example of Form 8606 (2004), page 2, as pertains to the text. The line items completed are:

Under “Part II: 2004 Conversions From Traditional, SEP, or SIMPLE. IRAs to Roth IRAs”:
16. Enter the net amount you converted from traditional, SEP, or SIMPLE. IRAs to Roth IRAs in 2004. Do not include amounts you later recharacterized back to traditional, SEP, or SIMPLE. IRAs in 2004 or 2005. If you completed Part I, enter the amount from line 8. Otherwise, see page 7 of the instructions” field contains 5,000
17. Enter your basis in the amount on line 16. If you completed Part I, enter the amount from line 11. Otherwise, see page 7 of the instructions” field contains 460
18. Taxable amount. Subtract line 17 from line 16. Also include this amount on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b” field contains 4,540