Do I include a taxable traditional IRA, that was rolled over from a company retirement, on the IRA information worksheet, line 18 for the combined value of all IRAs?

[Ernie · Accepted solution]

Is it taxable?  Was it rolled over?  Where on the IRA information worksheet are you looking to put that information?

Are you creating basis?

[sjrcpa]

If you are using Form 8606 to calculate the taxable part of an IRA distribution when there is IRA basis, Yes.

[qbteachmt]

It's not an additional amount, though. Just get the year end statements for the accounts. Either that amount is already in there, or it wasn't in there at year end.