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Old 05-08-2007, 05:11 AM
Phil Marti
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Default Re: Roth 401k - Income Tax Return Reporting

<steve[at]fcccpas.com> wrote:

- quote -

> Is there any income tax reporting that needs to be
> done for a Roth 401k for tax year 2006.


Contributions: No reporting unless you qualify for the
retirement saver's credit.

Distributions: Report in accordance with 1099-R
instructions. Nonqualified distributions go on Form 8606.

Phil Marti
Clarksburg, MD

<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- >
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Old 05-07-2007, 05:29 PM
steve@fcccpas.com
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Default Roth 401k - Income Tax Return Reporting

Group

Is there any income tax reporting that needs to be
done for a Roth 401k for tax year 2006.

Thanks in advance

<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- >
 

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401k, income, reporting, return, roth, tax
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