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Form 1040—Lines 10 Through 15b 5. You made your last payment of 2008 the box on that line. If you received capital If you rolled over the distribution into a estimated state or local income tax in 2009. gain distributions as a nominee (that is, qualified plan other than an IRA or you they were paid to you but actually belong to made the rollover in 2010, attach a state- 6. You owed alternative minimum tax in someone else), report on line 13 only the 2008. ment explaining what you did. amount that belongs to you. Attach a state- 7. You could not use the full amount of ment showing the full amount you received Exception 2. If any of the following apply, credits you were entitled to in 2008 because and the amount you received as a nominee. the total credits were more than the amount enter the total distribution on line 15a and See the Schedule B instructions for filing shown on your 2008 Form 1040, line 46. see Form 8606 and its instructions to figure requirements for Forms 1099-DIV and the amount to enter on line 15b. 8. You could be claimed as a dependent 1096. by someone else in 2008. 1. You received a distribution from an 9. You had to use the Itemized Deduc- If you do not have to file Sched- IRA (other than a Roth IRA) and you made tions Worksheet in the 2008 Instructions ule D, use the Qualified Divi- nondeductible contributions to any of your for Schedules A&B because your 2008 ad- dends and Capital Gain Tax traditional or SEP IRAs for 2009 or an ear- TIP justed gross income was over $159,950 Worksheet on page 39 to figure lier year. If you made nondeductible contri- ($79,975 if married filing separately) and your tax. Your tax is usually less if you use butions to these IRAs for 2009, also see both of the following apply. this worksheet. Pub. 590. a. You could not deduct all of the 2. You received a distribution from a amount on the 2008 Itemized Deductions Roth IRA. But if either (a) or (b) below Worksheet, line 1. Line 14 applies, enter -0- on line 15b; you do not b. The amount on line 8 of that 2008 have to see Form 8606 or its instructions. Other Gains or (Losses) worksheet would be more than the amount on line 4 of that worksheet if the amount on a. Distribution code T is shown in box 7 If you sold or exchanged assets used in a line 4 were reduced by 80% of the refund of Form 1099-R and you made a contribu- trade or business, see the Instructions for you received in 2009. tion (including a conversion) to a Roth IRA Form 4797. for 2004 or an earlier year. b. Distribution code Q is shown in box 7 of Form 1099-R. Line 11 Lines 15a and 15b 3. You converted part or all of a tradi- tional, SEP, or SIMPLE IRA to a Roth IRA Alimony Received IRA Distributions in 2009. Enter amounts received as alimony or sepa- Special rules may apply to your 4. You had a 2008 or 2009 IRA contri- rate maintenance. You must let the person IRA distributions if your main bution returned to you, with the related who made the payments know your social home was in a Midwestern dis- security number. If you do not, you may earnings or less any loss, by the due date TIP aster area. For details, see Pub. have to pay a $50 penalty. For more details, (including extensions) of your tax return 4492-B. see Pub. 504. for that year. You should receive a Form 1099-R 5. You made excess contributions to showing the amount of any distribution your IRA for an earlier year and had them from your IRA. Unless otherwise noted in returned to you in 2009. Line 12 the line 15a and 15b instructions, an IRA 6. You recharacterized part or all of a Business Income or (Loss) includes a traditional IRA, Roth IRA, sim- contribution to a Roth IRA as a traditional plified employee pension (SEP) IRA, and a If you operated a business or practiced your IRA contribution, or vice versa. savings incentive match plan for employ- profession as a sole proprietor, report your ees (SIMPLE) IRA. Except as provided be- income and expenses on Schedule C or Exception 3. If the distribution is a quali- low, leave line 15a blank and enter the total C-EZ. distribution on line 15b. fied charitable distribution (QCD), enter the total distribution on line 15a. If the total Exception 1. Enter the total distribution on amount distributed is a QCD, enter -0- on Line 13 line 15a if you rolled over part or all of the line 15b. If only part of the distribution is a distribution from one: QCD, enter the part that is not a QCD on Capital Gain or (Loss) • IRA to another IRA of the same type line 15b unless Exception 2 applies to that If you had a capital gain or loss, including (for example, from one traditional IRA to part. Enter “QCD” next to line 15b. any capital gain distributions or a capital another traditional IRA), loss carryover from 2008, you must com- A QCD is a distribution made directly • SEP or SIMPLE IRA to a traditional plete and attach Schedule D. by the trustee of your IRA (other than an IRA, or ongoing SEP or SIMPLE IRA) to an organ- Exception. You do not have to file Sched- • IRA to a qualified plan other than an ule D if both of the following apply. ization eligible to receive tax-deductible IRA. contributions (with certain exceptions). • The only amounts you have to report You must have been at least age 701⁄2 when on Schedule D are capital gain distributions Also, enter “Rollover” next to line 15b. from Form(s) 1099-DIV, box 2a, or substi- the distribution was made. Your total If the total distribution was rolled over in a tute statements. QCDs for the year cannot be more than qualified rollover, enter -0- on line 15b. If $100,000. (On a joint return, your spouse • None of the Form(s) 1099-DIV or the total distribution was not rolled over in can also have a QCD of up to $100,000.) substitute statements have an amount in a qualified rollover, enter the part not rolled box 2b (unrecaptured section 1250 gain), The amount of the QCD is limited to the over on line 15b unless Exception 2 applies box 2c (section 1202 gain), or box 2d (col- amount that would otherwise be included in to the part not rolled over. Generally, a lectibles (28%) gain). your income. If your IRA includes nonde- qualified rollover must be made within 60 ductible contributions, the distribution is days after the day you received the distribu- If both of the above apply, enter your first considered to be paid out of otherwise tion. For more details on rollovers, see Pub. total capital gain distributions (from box 2a taxable income. See Pub. 590 for details. of Form(s) 1099-DIV) on line 13 and check 590. Need more information or forms? 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