dmcguire
Returning Member

Retirement tax questions

It was a IRA/CD that matured and I rollover to a new IRA/CD at another credit union.  It was a complete rollover , I did not receive any money from the IRA. It was rollover on the same day, from one credit union to another credit union.  That's why I did not no why I was receiving the 1099 Int. for interest for only two months of the year. That's why I was wondering if I have to report the interest on a IRA , when I did not actually receive any money from the IRA. So, I have to pay taxes on this money this year and again when I take this money out of my IRA?