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Get your taxes done using TurboTax
I received a 1099-R that showed the amount I withdrew and the taxes paid. Taxes were withheld not "paid".
I then also received a 1099-R Gain/Loss Year End Summary Report that showed a LT and ST tax gain. There is no such 1099-R form for an IRA ... if they sent you a year end statement showing the activity in the IRA account then this is purely informational. Stock sales inside an IRA are not entered on an income tax form.
‎February 28, 2022
4:01 AM