We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
Read more
Accept
Loading
Form preview
  • US Legal Forms
  • Form Library
  • More Forms
  • More Uncategorized Forms
  • 2012 8606 Form

Get 2012 8606 Form

Ons increased. You can contribute to a Roth IRA for 2012 only if your 2012 modified adjusted gross income (AGI) for Roth IRA purposes is less than: $183,000 if married filing jointly or qualifying widow(er), $125,000 if single, head of household, or married filing separately and you did not live with your spouse at any time in 2012, or $10,000 if married filing separately and you lived with your spouse at any time in 2012. See Roth IRAs, later. Qualified charitable distributions (QCD). The provi.

This website is not affiliated with IRS

How it works

  1. Open form

    Open form follow the instructions

  2. Easily sign form

    Easily sign the form with your finger

  3. Share form

    Send filled & signed form or save

How to fill out the 2012 8606 Form online

This guide provides step-by-step instructions on how to complete the 2012 8606 Form for reporting nondeductible contributions to traditional Individual Retirement Accounts (IRAs). Whether you are a beginner or have prior experience, this guide will support your online filing efforts.

Follow the steps to accurately complete the form.

  1. Click the 'Get Form' button to obtain the form and open it in the editor.
  2. Begin by entering your name and social security number in the designated fields. If filing a joint return, only include the information for the spouse whose contributions are being reported.
  3. Proceed to Part I, where you will report any nondeductible contributions made to traditional IRAs. Enter the total amount of these contributions on line 1.
  4. If this is your first year filing Form 8606, enter '0' on line 2. Otherwise, refer to previous filings for guidance on what to include.
  5. On line 6, report the total value of all your traditional, SEP, and SIMPLE IRAs at the end of the year, ensuring to adjust for any rollovers or distributions made in December.
  6. Continue to Part II to report any conversions from traditional, SEP, or SIMPLE IRAs to Roth IRAs. Complete the necessary lines to reflect these conversions.
  7. In Part III, report any distributions from your Roth IRAs, ensuring you account for any contributions or rollovers that qualify for exclusion.
  8. After filling out all relevant parts, review the form for accuracy. You can save your changes, download, print, or share the completed form as needed.

Complete your filing of Form 8606 online for a straightforward and efficient process.

Get form

Experience a faster way to fill out and sign forms on the web. Access the most extensive library of templates available.
Get form

Related content

Form 8606 - Internal Revenue Service
You made nondeductible contributions to a traditional IRA for 2012. • You took...
Learn more
2011 Instruction 8606 - Internal Revenue Service
Dec 20, 2011 — Basis. Your basis in traditional IRAs is. Use Form 8606 to report:...
Learn more
Section 17
2012 Schneider Electric ... Class 8606 / Refer to Catalog 8600CT9601 ... Voltage Code...
Learn more

Related links form

Graduation Petition USA Disaster Relief Scholarship.indd - Athens State University HR NEWSLETTER May 2011 ETHICS FORMS FOR 2010 - Athens NEW EMPLOYEE CHECKLIST HUMAN RESOURCES Name ...

Questions & Answers

Get answers to your most pressing questions about US Legal Forms API.

Contact support

You can file delinquent Forms 8606, even as far back as 1995, on a standalone basis, meaning that you can file them without amending your tax returns. There can be a penalty of $50 for not filing Form 8606 on a timely basis, but the penalty can be waived if you can show reasonable cause for not filing.

If your client hasn't filed Form 8606 for prior years, that form can be filed on a standalone basis, and even past the usual three-year limit for requesting a refund. There may be a $50 penalty for failing to file Form 8606 when it was required, but it's possible to have that penalty waived for reasonable cause.

You don't have to file Form 8606 solely to report regular contributions to Roth IRAs. But see What Records Must I Keep, later.

Penalties. An individual who fails to file Form 8606 to report a non-deductible contribution will owe the IRS a $50 penalty. Additionally, if the non-deductible contribution amount is overstated on the form, a penalty of $100 will apply.

File Form 8606 if any of the following apply. You made nondeductible contributions to a traditional IRA for 2020, including a repayment of a qualified disaster or reservist distribution. You received distributions from a traditional, SEP, or SIMPLE IRA in 2020 and your basis in these IRAs is more than zero.

Use Form 8606 to report: Nondeductible contributions you made to traditional IRAs. Distributions from traditional, SEP, or SIMPLE IRAs, if you have ever made nondeductible contributions to traditional IRAs. Conversions from traditional, SEP, or SIMPLE IRAs to Roth IRAs.

When an IRA owner (or beneficiary) has any traditional, SEP, or SIMPLE IRA which contain after-tax assets and he/she takes a distribution from any of his/her IRAs or beneficiary IRAs, Form 8606 must be filed for such year. The form is used to determine the prorated after-tax and pretax amounts distributed.

To fill out Form 8606, you'll need to gather your information about and nondeductible contributions you made during the tax year, along with the total basis you've built up in previous years (Line 14 from your most recent Form 8606).

A non-deductible IRA is a retirement plan you fund with after-tax dollars. So you can't deduct contributions from your income taxes as you would with a traditional IRA. However, your non-deductible contributions grow tax free.

Get This Form Now!

Use professional pre-built templates to fill in and sign documents online faster. Get access to thousands of forms.
Get form
If you believe that this page should be taken down, please follow our DMCA take down processhere.

Industry-leading security and compliance

US Legal Forms protects your data by complying with industry-specific security standards.
  • In businnes since 1997
    25+ years providing professional legal documents.
  • Accredited business
    Guarantees that a business meets BBB accreditation standards in the US and Canada.
  • Secured by Braintree
    Validated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.
Get 2012 8606 Form
Get form
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232