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Recent content by STJW

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  1. S

    Form 8606

    Can anyone please confirm I am correct with the above?
  2. S

    Form 8606

    Thanks for that FlyingRon. Since Line 23 on Form 8606 is zero (see below) I have nothing to enter on Form 5329. This was a one-time withdrawal of contributions, not earnings. It's just that my basis has dropped to $28,000. As I interpret it there is no tax owed.
  3. S

    Form 8606

    I had to take a nonqualified distribution from my Roth IRA in 2018 due to emergency circumstances. I'm a bit confused how to figure out my tax liability (if any) on Part III. My Line 22 basis is about $30,000 (total contributions since around 2007). The early distribution I took in 2018 was...
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