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Retirement tax questions
Would it be correct to understand that a 1099 or 1099-DIV should not be issued by a corporation if the distribution is being made in a Roth IRA account, and therefore should have no tax consequences? The reason I ask is that a corporation is asking for a W-9 related to a distribution they will make into my self directed Roth IRA account. I guess they can require the W-9 but don't think they should issue any 1099 or 1099-DIV to that account at year end. True?
May 18, 2022
1:29 PM