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2018Roth IRA Worksheets
<br />Roth IRA Contribution Worksheet
<br />Worksheet for Determining Roth IRA Basis Amounts
<br />Taxpayer IRA Spouse IRA
<br />1.1.
<br />2.2.
<br />3.3.
<br />4.4.
<br />5.
<br />5.
<br />6.6.
<br />7.
<br />7.
<br />8.
<br />8.
<br />9.9.
<br />10.
<br />10.
<br />11.11.
<br />12. Maximum 2018 Roth IRA contribution. Enter the smaller of line 4 or line 11.
<br />12.
<br />Taxpayer IRA Spouse IRA
<br />1.1.
<br />2.2.
<br />3.3.
<br />4.4.
<br />6.
<br />Basis in your Roth IRA contributions as of December 31, 2018.
<br />6.
<br />7.7.
<br />8.8.
<br />9.9.
<br />10.10.
<br />Basis in your Roth IRA conversions as of December 31, 2018.
<br />Form 1040
<br />Name Taxpayer Identification Number
<br />Modified adjusted gross income for Roth IRA contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Enter your taxable compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Enter the smaller of line 1 or $5,500 ($6,500 if 50 or older) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Enter your total contributions to traditional IRAs for 2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Subtract line 3 from line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Enter: $199,000 if married filing jointly or qualifying widow(er); $10,000 if
<br />married filing separately and you lived with your spouse at any time during the year.
<br />All other filers, enter $135,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Enter your modified AGI for purposes of Roth IRAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Subtract line 6 from line 5. If zero or less, stop here; you may not contribute
<br />to a Roth IRA for 2018. See Recharacterizations on page 3 of Form 8606
<br />instructions if you made Roth IRA contributions for 2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />If line 5 above is $135,000, enter $15,000; otherwise, enter $10,000.
<br />If line 7 is greater than or equal to line 8, skip lines 9 and 10, and enter
<br />the amount from line 4 on line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Divide line 7 by line 8 and enter the result as a decimal (rounded to at
<br />least 3 places). Do not enter more than "1.000" . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Multiply line 2 by line 9. If the result is not a multiple of $10, round it up to the next
<br />multiple of $10 (e.g., round $611.40 to $620) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Enter the greater of $200 or the amount on line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />See Recharacterizations on page 3 of Form 8606 instructions if you contributed . . . .more than this amount to Roth IRAs for 2018
<br />Basis in your Roth IRA contributions as of December 31,2017. . . . . . . . . . . . . . . . . . . . . . .
<br />Enter your Roth IRA contributions for 2018, adjusted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />for any recharacterizations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Add lines 1 and 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Enter the amount, if any, from Form 8606, line 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Subtract lines 4 and 5 from line 3. If zero or less, enter -0-. . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Basis in your Roth IRA conversions as of December 31, 2017. . . . . . . . . . . . . . . . . . . . . . . . .
<br />Enter the amount(s), if any, from Form 8606 line 16.
<br />Add lines 7 and 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Enter the amount, if any, from Form 8606, line 23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Subtract lines 10 and 11 from line 9. If zero or less, enter -0-. . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Modified adjusted gross income for Roth IRA conversions (does not include
<br />minimum required distributions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />Contribution basis loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.5.
<br />Conversion basis loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11.
<br />12.12.
<br />11.
<br />WESLEY C BROWN & SHANON M LARIMER 595-42-0794
<br />165,954 165,954
<br />177,670 136,257
<br />5,500 5,500
<br />5,500 5,500
<br />199,000 199,000
<br />165,954 165,954
<br />33,046 33,046
<br />10,000 10,000
<br />5,500 5,500
<br />165,954 165,954
<br />5,500 5,500
<br />5,500 5,500
<br />5,500 5,500
<br />00
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