 So exception one, into the total distribution online for A, if you roll over part or all of the distribution from one Roth IRA to another Roth IRA or IRA other than a Roth IRA to a qualified plan, another IRA other than a Roth IRA. So this becomes important with any money that you have under the umbrella of a retirement plan. You want to know about IRAs but similar kind of concepts if they're in like a 401k plan or something. If you want to roll that into some other investment like another IRA, then because you want to switch financial institutions, for example, you want to go from one financial institution to another, then you got to be very careful in that process because if it's shown as you distributing the money and then reinvesting the money, now you're going to get hit with the tax for pulling the money out and you're going to be hit with possibly penalties for pulling it out early. So if you're going to try to move from one financial institution to the other, it's usually pretty easy to do because you can talk to the financial institution that you want to do business with and they will usually quite happily try to help you out to make it a rollover distribution and make sure it's properly recorded as a rollover and shown on the 1099 as a rollover so that you can tell the IRS, look, yeah, it went from here to here but it's not a distribution, it shouldn't be a triggering tax event and I shouldn't be penalized on it. So also enter rollover next to line 4B. So if the total distribution was rollover, enter zero on line 4B. So this also applies if you're talking to anybody that's switching jobs or something like that or they want to go to another financial institution or something like that. You want to be able to tell them, make sure that you are categorizing something as a rollover not as a distribution. Talk to the financial institutions, make sure that, you know, they're working that out so it's not going to be a distribution but a rollover. So if the total distribution wasn't rollover, enter the part not rollover on line 4B, unless exception, exceptional, to applies to the part not rollover. Generally a rollover must be made within 60 days after the day you receive the distribution. So there's this time limit. Usually these days it can be kind of a pretty much same day if you're doing a rollover from one institution to another, otherwise you've got this kind of day limitation so you want to make sure that you within the threshold. So for more details on rollovers you can see Publication 590A and Publication 590B. So if you rolled over the distribution into a qualified plan and you made the rollover in 2023, include a statement explaining what you did. So exception two, if any of the following apply enter the total distributions online for 4A and C form 8606 and its instructions to figure the amount to enter online for B. One, if you received a distribution from an IRA other than a Roth IRA and you made non-deductible contributions to any of your traditional or SEP IRAs for 2022 or an earlier year. If you made non-deductible contributions to these IRAs for 2022, see Publication 590A and Publication 590B. Two, you received a distribution from a Roth IRA but if either A or B below applies enter zero online for B, you don't have to see form 8606 or its instructions. A, Distribution Code T. So notice these are going to be the codes in the form 1099. So now you've got a code T is showing in box seven of form 1099R and you made a contribution including conversion to a Roth IRA for 2016 or an earlier year. B, Distribution Code Q is showing in box seven of form 1099R. So when you look at those distribution codes, those are going to be an indication of the kind of distribution that is put in place and we can look at the instructions for the 1099R to give us more detail of what those distribution codes are. So if we have more exotic distribution code instead of just like a one or seven, then we can research it from that point. Three, you converted part or all of the traditional SEP SEP or simple IRA to a Roth IRA in 2032. Four, you had a 2021 or 2022 IRA contribution returned to you with the related earnings or less any loss by the due date including extensions of your tax return for that year. Five, you made excess contributions to the IRA for an earlier year and have them returned to you in 2022. So we have some issues with regards to the limits of how much we can put into an IRA in the case that you over put into the IRA and then you got it returned. So six, you recharacterized part or all of the contribution to a Roth IRA as contribution to another type of IRA or vice versa. So exception three, if all or part of the distribution is a qualified charitable distribution, a QCD enter the total distribution online for A. So if the total amount distributed is a QCD enter zero online for B. So if we had a distribution from a retirement plan, it's usually going to be a taxable event for us. So in some cases, you might say, well, maybe if there's some way I can give that distribution as say a charitable contributions, then possibly I can get a tax benefit in some way possibly by going directly to the charitable. So it would be more of an unusual kind of situation but possible opportunities for tax planning if you would like to look into that in more detail. So if only part of the distribution is a QCD enter the part that is not a QCD online for B, unless exception two applies to that part enter QCD next time for B. A QCD qualified charitable distribution is a distribution made directly by a trustee of your IRA other than an ongoing step or simple IRA to an organization eligible to receive tax deductible contributions in essence a charity with certain exceptions. You must have been at least 70 and a half when the distribution was made. Generally, your total QCDs qualified charitable contributions for the year can't be more than $100,000. On a joint return, your spouse can also have a QCD up to $100,000. The amount of the QCD is limited to the amount that would otherwise be included in your income. So if your IRA includes non-deductible contributions, the distribution is first considered to be paid out of otherwise taxable income C publication 590B for more details. So if that applies to you, you can do some more research there. Caution, you can't claim a charitable contribution deduction for any QCD not included in your income, which kind of makes sense, right? You're trying to do some tax planning, saying there's going to be a taxable event. What if I contribute this to the charity? If you do that, is it possible that I don't have to include the income that would otherwise be included as income? In income, if that's the case, you already got a benefit by not including it in income and would be double dipping if you were able to not include it in income and get a charitable deduction for it, right? That would be a double dip. Exception four, if all or part of the distribution is a health savings account, an HSA, funding distribution HFD, enter the total distribution online for A. If the total amount distributed is an HFD and you elect to include it from income, enter zero online for B. If only part of the distribution is an HFD and you elect to exclude that part from income, enter the part that isn't an HFD online for B. Unless exception two applies to that part, enter HFD next to line four B. So another somewhat unusual transaction where you're going to have the distribution go directly here. So an HFD is a distribution made directly by the trustee of your IRA other than an ongoing SEP or simple IRA to your HSA. So once again, the idea being, well, there's going to be a distribution, possibly a required distribution. I'm going to have to pay taxes on it. Is there some way I can distribute it to say my HSA health savings account and possibly have a tax benefit in that way? So if eligible, you can generally elect to exclude an HFD from your income once in your lifetime. So once in your lifetime. So you can't exclude more than the limit. Limits, why couldn't I remember anything about limits? An HSA contribution or more than the amount that would otherwise be included in your income.