Index

Symbols

10% additional tax, Early Distributions Tax, Age 59½ Rule, Additional 10% tax
2-year rule
SIMPLE IRAs, Two-year rule.
20% withholding, Other withholding rules.
5-year rule, 5-year rule., Death before required beginning date.
6% excise tax on excess contributions to Roth IRAs, What if You Contribute Too Much?
60-day period for rollovers, Time Limit for Making a Rollover Contribution

A

Account balance, IRA account balance.
Additional taxes, What Acts Result in Penalties or Additional Taxes?, Additional 10% tax
(see also Penalties)
Reporting, Reporting Additional Taxes
Adjusted gross income (AGI), Modified adjusted gross income (AGI)., Modified AGI.
(see also Modified adjusted gross income (AGI))
Retirement savings contributions credit, Adjusted gross income.
Age 50
Contributions, General Limit
Age 59 1/2 rule, Age 59½ Rule
Age 70 1/2 rule, Age 70½ rule.
Required minimum distributions, Distributions after the required beginning date.
Age limit
Traditional IRA, When Can Contributions Be Made?
Airline payments, Rollover of Airline Payments
Alimony, Alimony and separate maintenance.
Annuity contracts, Annuity or endowment contracts.
Borrowing on, Borrowing on an annuity contract.
Distribution from insurance company, Annuity distributions from an insurance company.
Distribution from IRA account, Distribution of an annuity contract from your IRA account.
Early distributions, Annuity.
Assistance (see Tax help)

B

Basis
Inherited IRAs, IRA with basis.
Roth IRAs, Basis of distributed property.
Traditional IRAs, Cost basis.
Beginning date, required, Distributions after the required beginning date.
Beneficiaries, IRA Beneficiaries, Death before required beginning date.
Change of, Change of beneficiary.
Death of beneficiary, Death of a beneficiary.
Early distributions to, Beneficiary.
Individual as, Beneficiary an individual.
More than one, More than one beneficiary., Multiple individual beneficiaries.
Not an individual, Beneficiary not an individual.
Roth IRAs, Distributions to beneficiaries.
Sole beneficiary spouse more than 10 years younger, Sole beneficiary spouse who is more than 10 years younger.
Bond purchase plans
Rollovers from, Rollover from bond purchase plan.
Bonds, retirement (see Individual retirement bonds)
Broker's commissions, Brokers' commissions., Brokers' commissions.

C

Change in marital status, Change in marital status.
Change of beneficiary, Change of beneficiary.
Charitable distributions, qualified, Qualified charitable distributions.
Collectibles, Investment in Collectibles, Collectibles.
Community property, Community property laws.
Compensation
Alimony, Alimony and separate maintenance.
Defined, What Is Compensation?
Nontaxable combat pay, Nontaxable combat pay.
Self-employment, Self-employment loss.
Wages, salaries, etc., Wages, salaries, etc.
Conduit IRAs, IRA as a holding account (conduit IRA) for rollovers to other eligible plans.
Contribution limits
More than one IRA, More than one IRA.
Contributions
Designating the year, Designating year for which contribution is made.
Distributions in same year as, Both contributions for 2013 and distributions in 2013.
Excess (see Excess contributions)
Less than maximum, Less Than Maximum Contributions
Matching (SIMPLE), Matching contributions.
Nondeductible (see Nondeductible contributions)
Not required, Contributions not required.
Qualified reservist repayments, Qualified reservist repayments.
Recharacterizing (see Recharacterization)
Retirement savings contributions credit, Eligible contributions.
Roth IRAs, Can You Contribute to a Roth IRA?, Applying excess contributions.
SIMPLE plans, How Are Contributions Made?, How Much Can Be Contributed on Your Behalf?
Traditional IRAs, How Much Can Be Contributed?, More Than Maximum Contributions
When to contribute, When Can Contributions Be Made?
Withdrawing before due date of return, Contributions Returned Before Due Date of Return
Conversions
From SIMPLE IRAs, Converting from a SIMPLE IRA.
To Roth IRAs, Conversions
Credits
Retirement savings contributions credit, Retirement Savings Contributions Credit (Saver's Credit), How to figure and report the credit.

D

Death of beneficiary, Death of a beneficiary.
Deductions
Figuring reduced IRA deduction, How To Figure Your Reduced IRA Deduction
Phaseout, Deduction Phaseout
Traditional IRAs, How Much Can You Deduct?, Examples — Worksheet for Reduced IRA Deduction for 2013
Deemed IRAs, Reminders, Reminders
Defined benefit plans, Defined benefit plan.
Defined contribution plans, Defined contribution plan.
Disabilities, persons with
Early distributions to, Disabled.
Distributions
After required beginning date, Distributions after the required beginning date.
Age 59 1/2 rule, Age 59½ Rule
Beneficiaries (see Beneficiaries)
Contributions in same year as, Both contributions for 2013 and distributions in 2013.
Delivered outside U.S., IRA distributions delivered outside the United States.
Figuring nontaxable and taxable amounts, Figuring the Nontaxable and Taxable Amounts
From individual retirement accounts, Distributions from individual retirement account.
From individual retirement annuities, Distributions from individual retirement annuities.
Fully or partly taxable, Distributions Fully or Partly Taxable
Income from, Income from IRA distributions.
Inherited IRAs (see Inherited IRAs)
Insufficient, Excess Accumulations (Insufficient Distributions)
Qualified charitable, Qualified charitable distributions.
Qualified HSA funding, One-time qualified HSA funding distribution.
Qualified reservist, Qualified reservist distributions.
Roth IRAs, Are Distributions Taxable?, How Do You Figure the Taxable Part?
Ordering rules for, Ordering Rules for Distributions
Recapture amount, Figuring your recapture amount.
SIMPLE IRAs, Are Distributions Taxable?
Taxable status of, Are Distributions Taxable?
Divorce
Rollovers by former spouse, Distributions under divorce or similar proceedings (alternate payees).
Transfers incident to, Transfers Incident To Divorce

E

Early distributions, What Acts Result in Penalties or Additional Taxes?, Early Distributions, Nondeductible contributions.
(see also Penalties)
Age 59 1/2 rule, Age 59½ Rule
Defined, Early distributions defined.
Disability exception, Disabled.
First-time homebuyers, exception, First home.
Higher education expenses, exception, Higher education expenses.
Medical insurance, exception, Medical insurance.
Roth IRAs, Additional Tax on Early Distributions
SIMPLE IRAs, Additional Tax on Early Distributions
Tax, Early Distributions Tax
Unreimbursed medical expenses, exception, Unreimbursed medical expenses.
Education expenses, Higher education expenses.
Employer and employee association trust accounts, Employer and Employee Association Trust Accounts
Employer plans
Covered by, Covered by an employer retirement plan.
Year(s) covered, For Which Year(s) Are You Covered?
Employer retirement plans, Are You Covered by an Employer Plan?
Defined benefit plans, Defined benefit plan.
Defined contribution plans, Defined contribution plan.
Effect of modified AGI on deduction (Table 1-2), Table 1-2. Effect of Modified AGI1 on Deduction if You Are Covered by a Retirement Plan at Work
Limit if covered by, Limit if Covered by Employer Plan
Prohibited transactions, Trust account set up by an employer or an employee association.
Endowment contracts (see Annuity contracts)
Estate tax, Estate tax.
Deduction for inherited IRAs, Federal estate tax deduction.
Excess accumulations, Excess Accumulations (Insufficient Distributions), Make up of shortfall in distribution.
Roth IRAs, Distributions After Owner's Death
Excess contributions, Excess Contributions
Closed tax year, Closed tax year.
Deducted in earlier year, Excess contribution deducted in an earlier year.
Deducting in a later year, Deducting an Excess Contribution in a Later Year
Due to incorrect rollover information, Excess due to incorrect rollover information.
Recharacterizing, Recharacterizing excess contributions.
Roth IRAs, What if You Contribute Too Much?
Tax, Excess Contributions Tax
Withdrawn after due date of return, Excess Contributions Withdrawn After Due Date of Return
Withdrawn by due date of return, Excess Contributions Withdrawn by Due Date of Return
Exempt transactions, Exempt Transactions
Exxon Valdez settlement income, Rollover of Exxon Valdez Settlement Income , Rollover of Exxon Valdez Settlement Income

F

Failed financial institutions, Failed financial institutions.
Federal judges, Federal judges.
Fiduciaries
Prohibited transactions, Fiduciary.
Filing before IRA contribution is made, Filing before a contribution is made.
Filing status, Filing Status
Deduction phaseout and, Filing status.
Firefighters, volunteer, Volunteer firefighters.
First-time homebuyers, First home.
Five-year rule (see 5-year rule)
Form 1040
Modified AGI calculation from, Form 1040., Form 1040NR.
Form 1040A
Modified AGI calculation from, Form 1040A.
Form 1099-R, Reporting and Withholding Requirements for Taxable Amounts
Distribution code 1 used on, Form 5329 not required.
Letter codes used on, Letter codes.
Number codes used on, Number codes.
Withdrawal of excess contribution, Form 1099-R.
Form 5329, Additional 10% tax, Reporting the tax., Reporting Additional Taxes
Recapture tax, Recapture tax for changes in distribution method under equal payment exception.
Form 8606, Form 8606., Form 8606., Reporting your nontaxable distribution on Form 8606., Figuring the Nontaxable and Taxable Amounts
Failure to file, penalty, Penalty for failure to file Form 8606.
Form 8880, How to figure and report the credit.
Form W-2
Employer retirement plans, Are You Covered by an Employer Plan?
Free tax services, Free help with your tax return.
Frozen deposits, Frozen deposit.
Full-time student
Retirement savings contributions credit, Full-time student.

H

Help (see Tax help)
Higher education expenses, Higher education expenses.
How to
Set up an IRA, How Can a Traditional IRA Be Opened?
Treat withdrawn contributions, How to treat withdrawn contributions.
HSA funding distributions, qualified, One-time qualified HSA funding distribution.

I

Individual retirement accounts, Individual Retirement Account
Distributions from, Distributions from individual retirement account.
Individual retirement annuities, Individual Retirement Annuity
Distributions from, Distributions from individual retirement annuities.
Individual retirement arrangements (IRAs)
How to set up, How Can a Traditional IRA Be Opened?
When to set up, When Can a Traditional IRA Be Opened?
Individual retirement bonds, Individual Retirement Bonds
Cashing in, Cashing in retirement bonds.
Inherited IRAs, What if You Inherit an IRA?, More information.
Rollovers, Inherited IRAs.
Insufficient distributions, Excess Accumulations (Insufficient Distributions)
Interest on IRA, Reminders
Investment in collectibles
Collectibles defined, Collectibles.
Exception, Exception.

K

Kay Bailey Hutchison Spousal IRAs
Contribution limits, Kay Bailey Hutchison Spousal IRA Limit
Deductions, Kay Bailey Hutchison Spousal IRA.
Roth IRA contribution limits, Can you contribute to a Roth IRA for your spouse?
Keogh plans
Rollovers from, Keogh plans and rollovers.

L

Last-in first-out rule, Last-in first-out rule.
Life expectancy, Life expectancy.
Life insurance, Life insurance contract.
Losses
Roth IRAs, Recognizing Losses on Investments
Traditional IRAs, Recognizing Losses on Traditional IRA Investments

M

Marital status, change in, Change in marital status.
Matching contributions (SIMPLE), Matching contributions.
Medical expenses, unreimbursed, Unreimbursed medical expenses.
Medical insurance, Medical insurance.
Military death gratuities, Military Death Gratuities and Servicemembers' Group Life Insurance (SGLI) Payments
Minimum distribution (see Required minimum distribution)
Missing children, photographs of, Reminders
Modified adjusted gross income (AGI)
Employer retirement plan coverage and deduction (Table 1-2), Table 1-2. Effect of Modified AGI1 on Deduction if You Are Covered by a Retirement Plan at Work
Figuring (Worksheet 1-1), Worksheet 1-1. Figuring Your Modified AGI
No employer retirement plan coverage and deduction (Table 1-3), Table 1-3. Effect of Modified AGI1 on Deduction if You Are NOT Covered by a Retirement Plan at Work
Roth IRAs, Modified AGI.
Effect on contribution amount (Table 2-1), Table 2-1. Effect of Modified AGI on Roth IRA Contribution
More than one beneficiary, More than one beneficiary.
More than one IRA, More than one IRA.
Recharacterization, More than one IRA.
Required minimum distribution, More than one IRA.

N

Nondeductible contributions, Nondeductible Contributions, Nondeductible contributions.
Failure to report, Failure to report nondeductible contributions.
Overstatement penalty, Penalty for overstatement.
Notice
Qualified employer plan to provide prior to rollover distribution, Written explanation to recipients.
Rollovers, Rollover notice.

Q

Qualified charitable distributions, Qualified charitable distributions.
Qualified domestic relations orders (QDROs), Qualified domestic relations order.
Qualified settlement income, Rollover of Exxon Valdez Settlement Income , Rollover of Exxon Valdez Settlement Income

R

Recapture tax
Changes in distribution method, Recapture tax for changes in distribution method under equal payment exception.
Receivership distributions, Receivership distributions.
Recharacterization, Recharacterizations, More than one IRA.
Determining amount of net income due to contribution and total amount to be recharacterized (Worksheet 1-3), Worksheet 1-3. Determining the Amount of Net Income Due To an IRA Contribution and Total Amount To Be Recharacterized
Reporting, Reporting a Recharacterization
SIMPLE employer contributions, Recharacterizing employer contributions.
Timing of, Timing.
Reconversion, Reconversions
Recordkeeping requirements
Traditional IRAs, Nondeductible Contributions
Reporting
Additional taxes, Reporting Additional Taxes
Deductible contributions, Reporting Deductible Contributions
Nontaxable distribution on Form 8606, Reporting your nontaxable distribution on Form 8606.
Recharacterization, Reporting a Recharacterization
Rollovers
From employer plans, Reporting rollovers from employer plans.
From IRAs, Reporting rollovers from IRAs.
Taxable amounts, Reporting and Withholding Requirements for Taxable Amounts
Taxable distributions, Reporting taxable distributions on your return.
Required beginning date, Distributions after the required beginning date.
Required minimum distribution, Reminders, When Must You Withdraw Assets? (Required Minimum Distributions), Annuity distributions from an insurance company.
Distribution period, Distribution period.
During lifetime, Distributions during your lifetime.
Figuring, Figuring the Owner's Required Minimum Distribution
For beneficiary, Figuring the Beneficiary's Required Minimum Distribution
Table to use, Which Table Do You Use To Determine Your Required Minimum Distribution?
In year of owner's death, Distributions in the year of the owner's death.
Installments allowed, Installments allowed.
More than one IRA, More than one IRA.
Sole beneficiary spouse who is more than 10 years younger, Sole beneficiary spouse who is more than 10 years younger.
Reservists, Reservists.
Qualified reservist distribution, Qualified reservist distributions.
Qualified reservist repayments, Qualified reservist repayments.
Retirement bonds (see Individual retirement bonds)
Retirement savings contributions credit, Retirement Savings Contributions Credit (Saver's Credit), How to figure and report the credit.
Rollovers, Rollovers, Reporting rollovers from employer plans.
Airline payments, Rollover of Airline Payments
Amount, Amount.
Choosing an option (Table 1-5), Table 1-5. Comparison of Payment to You Versus Direct Rollover
Completed after 60-day period, Rollovers completed after the 60-day period.
Conduit IRAs, IRA as a holding account (conduit IRA) for rollovers to other eligible plans.
Direct rollover option, Direct rollover option.
Extension of period, Extension of rollover period.
From bond purchase plan, Rollover from bond purchase plan.
From employer's plan into a Roth IRA, Rollover From Employer's Plan Into a Roth IRA
From employer's plan into an IRA, Rollover From Employer's Plan Into an IRA
From Keogh plans, Keogh plans and rollovers.
From one IRA into another, Rollover From One IRA Into Another
From Roth IRAs, Rollover From a Roth IRA
From traditional IRA, Kinds of rollovers from a traditional IRA.
Inherited IRAs, Inherited IRAs.
Nonspouse beneficiary, Rollover by nonspouse beneficiary.
Notice, Rollover notice.
Partial, Partial rollovers., Partial rollover.
SIMPLE IRAs, Rollovers and Transfers Exception
Tax treatment of rollover from traditional IRA to eligible retirement plan other than an IRA, Tax treatment of a rollover from a traditional IRA to an eligible retirement plan other than an IRA.
Time limit, Time Limit for Making a Rollover Contribution
To Roth IRAs, Conversion methods.
To traditional IRA, Kinds of rollovers to a traditional IRA.
Waiting period between, Waiting period between rollovers., No waiting period between rollovers.
Withholding (see Withholding)
Roth IRAs, Roth IRAs, Distributions After Owner's Death
Age limit, Is there an age limit for contributions?
Contribution limit reduced, Contribution limit reduced.
Contributions, Can You Contribute to a Roth IRA?, Applying excess contributions.
Timing of, When Can You Make Contributions?
To traditional IRAs and to Roth IRAs, Roth IRAs and traditional IRAs.
Conversion, Converting From Any Traditional IRA Into a Roth IRA, Conversion by rollover from traditional to Roth IRA., Recharacterizing to a SEP IRA or SIMPLE IRA., Conversions
Defined, What Is a Roth IRA?
Distributions, Are Distributions Taxable?, How Do You Figure the Taxable Part?
After death of owner, Distributions After Owner's Death
Insufficient, Distributions After Owner's Death
Ordering rules for, Ordering Rules for Distributions
Early distributions, Additional Tax on Early Distributions
Excess accumulations, Distributions After Owner's Death
Excess contributions, What if You Contribute Too Much?
Figuring taxable part, How Do You Figure the Taxable Part?
Losses, Recognizing Losses on Investments
Modified AGI
Effect on contribution amount (Table 2-1), Table 2-1. Effect of Modified AGI on Roth IRA Contribution
Figuring (Worksheet 2-1), Worksheet 2-1. Modified Adjusted Gross Income for Roth IRA Purposes
Rollovers from, Rollover From a Roth IRA
Setting up, When Can a Roth IRA Be Opened?
Spouse, Can you contribute to a Roth IRA for your spouse?
Traditional IRAs converted into, Converting From Any Traditional IRA Into a Roth IRA
Withdrawing or using assets, Must You Withdraw or Use Assets?

S

Salary reduction arrangement, What Is a SIMPLE Plan?
Savings Incentive Match Plans for Employees (see SIMPLE IRAs)
Section 501(c)(18) plan, General Limit, Kay Bailey Hutchison Spousal IRA Limit
Self-employed persons
Deductible contributions, Self-employed.
Income of, Self-employment income.
SIMPLE plans, Self-employed individual.
SEP IRAs
Recharacterizing to, Recharacterizing to a SEP IRA or SIMPLE IRA.
Separated taxpayers
Filing status of, Lived apart from spouse.
Servicemembers group life insurance, Military Death Gratuities and Servicemembers' Group Life Insurance (SGLI) Payments
Services received at reduced or no cost, Services received at reduced or no cost.
SIMPLE IRAs, Savings Incentive Match Plans for Employees (SIMPLE), Two-year rule.
Contributions, How Are Contributions Made?, How Much Can Be Contributed on Your Behalf?
Conversion from, Converting from a SIMPLE IRA.
Distributions, Are Distributions Taxable?
Early distributions, , Additional Tax on Early Distributions
Eligible employees, Eligible Employees
Penalties, Additional Tax on Early Distributions
Recharacterizing to, Recharacterizing to a SEP IRA or SIMPLE IRA.
Rollovers, Rollovers and Transfers Exception
Salary reduction contribution limits, Salary reduction contributions limit.
Self-employed persons, Self-employed individual.
SIMPLE plan, defined, What Is a SIMPLE Plan?
Traditional IRA, mistakenly moved to, Traditional IRA mistakenly moved to SIMPLE IRA., Traditional IRA mistakenly moved to SIMPLE IRA.
Two-year rule, Two-year rule.
Withdrawing or using assets, When Can You Withdraw or Use Assets?
Simplified employee pensions (SEPs), Simplified Employee Pension (SEP)
Social Security recipients, Social Security Recipients
Spousal IRAs (see Kay Bailey Hutchison Spousal IRAs or Inherited IRAs)
Students
Education expenses, Higher education expenses.
Retirement savings contributions credit, Full-time student.
Surviving spouse, Surviving spouse., Surviving spouse.
Rollovers by, Distributions received by a surviving spouse.

T

Tables
Modified AGI
Employer retirement plan coverage and deduction (Table 1-2), Table 1-2. Effect of Modified AGI1 on Deduction if You Are Covered by a Retirement Plan at Work
No employer retirement plan coverage and deduction (Table 1-3), Table 1-3. Effect of Modified AGI1 on Deduction if You Are NOT Covered by a Retirement Plan at Work
Roth IRAs, effect on contribution (Table 2-1), Table 2-1. Effect of Modified AGI on Roth IRA Contribution
Rollover vs. direct payment to taxpayer (Table 1-5), Table 1-5. Comparison of Payment to You Versus Direct Rollover
Using this publication (Table I-1), Table I-1. Using This Publication
Tax advantages of IRAs, What are some tax advantages of an IRA?
Tax credits
Retirement savings contributions credit, Retirement Savings Contributions Credit (Saver's Credit), How to figure and report the credit.
Tax help, How To Get Tax Help
Tax year, Tax year.
Tax-sheltered annuities
Rollovers from, Distribution from a tax-sheltered annuity.
Traditional IRAs, Traditional IRAs, Form 5329 not required.
Age 59 1/2 rule, Age 59½ Rule
Contribution limits, How Much Can Be Contributed?, More Than Maximum Contributions
Contributions, How Much Can Be Contributed?, More Than Maximum Contributions
Due date, Contributions must be made by due date.
To Roth IRAs and to traditional IRAs, Roth IRAs and traditional IRAs.
Converting into Roth IRA, Converting From Any Traditional IRA Into a Roth IRA
Cost basis, Cost basis.
Deductions, How Much Can You Deduct?, Examples — Worksheet for Reduced IRA Deduction for 2013
Defined, Introduction
Disclosures, Required Disclosures
Excess contributions, Excess Contributions
Inherited IRAs, What if You Inherit an IRA?, More information.
Loss of IRA status, Loss of IRA status.
Losses, Recognizing Losses on Traditional IRA Investments
Mistakenly moved to SIMPLE IRA, Traditional IRA mistakenly moved to SIMPLE IRA., Traditional IRA mistakenly moved to SIMPLE IRA.
Recordkeeping, Nondeductible Contributions
Reduced IRA deduction for 2013, Examples — Worksheet for Reduced IRA Deduction for 2013
Rollovers (see Rollovers)
Setting up, Who Can Open a Traditional IRA?, Required Disclosures
Social Security recipients, Social Security Recipients
Transfers, Can You Move Retirement Plan Assets?
Types of, Kinds of traditional IRAs.
Withdrawing or using assets, When Can You Withdraw or Use Assets?, Excess Contributions Tax
Transfers, Can You Move Retirement Plan Assets?
Divorce, Transfers Incident To Divorce
To Roth IRAs, Transfers to Roth IRAs., Can You Move Amounts Into a Roth IRA?
Trustee to trustee, Trustee-to-Trustee Transfer, Conversion methods.
Trustee-to-trustee transfers, Trustee-to-Trustee Transfer
To Roth IRAs, Conversion methods.
Trustees' fees, Trustees' fees., Trustees' fees.
Trusts
As beneficiary, Trust as beneficiary.
TTY/TDD information, How To Get Tax Help
Two-year rule
SIMPLE IRAs, Two-year rule.

U

Unreimbursed medical expenses, Unreimbursed medical expenses.

V

Volunteer firefighters, Volunteer firefighters.

W

Withdrawing or using assets
Contribution withdrawal, before due date of return, Contributions Returned Before Due Date of Return
Roth IRAs, Must You Withdraw or Use Assets?
SIMPLE IRAs, When Can You Withdraw or Use Assets?
Traditional IRAs, When Can You Withdraw or Use Assets?, Excess Contributions Tax
Withholding, Reporting and Withholding Requirements for Taxable Amounts, Withholding.
Direct rollover option, Withholding.
Eligible rollover distribution paid to taxpayer, Withholding requirement.
Worksheets
Figuring amount of net income due to IRA contribution and total amount to be recharacterized (Worksheet 1-3), Worksheet 1-3. Determining the Amount of Net Income Due To an IRA Contribution and Total Amount To Be Recharacterized
Figuring modified AGI (Worksheet 1-1), Worksheet 1-1. Figuring Your Modified AGI
Roth IRAs
Figuring modified AGI (Worksheet 2-1), Worksheet 2-1. Modified Adjusted Gross Income for Roth IRA Purposes

More Online Publications