Kiplinger.com Community - powered by vBulletin Kiplinger.com
Starting Out Investing Your Money Spending Wisley Your Retirement
Kiplinger.com Channels




Go Back   Kiplinger.com Community > TAXES
User Name
Password
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Reply
 
Thread Tools Search this Thread Display Modes
Old 02-20-2009, 11:41 AM   #1
sissa51
Registered User
 
Join Date: Feb 2008
Posts: 23
1040x

i had already filed my 2008 tax return and then got a 1099-r for a roth ira distribution that i had forgot about in 2008. the cost basis was more than the distribution itself so i had a loss on the roth. there is no reportable income but do i need to do a 1040x? when i do a 1040x the adjusted gross income is the same and so forth so what do i need to do? thanks
sissa51 is offline   Reply With Quote
Old 02-20-2009, 09:36 PM   #2
clydewolf
Registered User
 
Join Date: Oct 2001
Posts: 1,586
Sissa51,

A good set of notes throughout the year may help avoid errors like that.

I suspect the IRS may send you a note later this year or next.

File form 8606 with part III completed. And add a note that explains what is going on.
Form 8606 can be a stand alone form.
clydewolf is offline   Reply With Quote
Old 02-21-2009, 12:42 PM   #3
sissa51
Registered User
 
Join Date: Feb 2008
Posts: 23
thank you sir.
sissa51 is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Already eFiled. Now need to file 1040X.. hobbzilla TAXES 1 04-14-2008 05:55 PM
1040x : What to send with it? JBEAS11 TAXES 4 03-16-2007 10:03 PM
1040x refund applied to estimated tax KimG TAXES 1 03-03-2006 04:57 PM
What would happen if I file my taxes then got a 1099. cquin TAXES 3 02-06-2005 01:12 PM

SPONSORED LINKS
 
 
Powered by: vBulletin Version 3.0.1
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.