IRS Releases Revised Forms 8606, 5329, and Instructions

January 18, 2006 – The IRS has released the following 2005 taxpayer forms and instructions related to IRAs and other tax-favored retirement arrangements. These forms and instructions are as follows.

Form 8606, Nondeductible IRAs:

Instructions to Form 8606:

Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and other Tax-Favored Accounts: