I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

meganspear · ‎June 1, 2019

It's a small Roth IRA, with less than 10k. There's not much activity in the year end report. Do I even need to report it?

RichardG · ‎June 1, 2019

You only need to report contributions and withdrawals from the account. Changes in account value do not get reported on your tax return.

meganspear · ‎June 1, 2019

Thank you so much! I appreciate your time:)

judybrown623 · ‎January 22, 2021

Same thing just happened to me from Schwab. I was glad this answer was already in the data base! Fast to solve!

Retirement tax questions