RachelW33
Employee Tax Expert

Retirement tax questions

No, you do not need to report Roth IRA contributions on your tax return, even if you turned 18 this year.

 

However, if you are not claimed as a Dependent by your Mom (or anyone else) and you are not a full-time student, you may qualify for the Savers Credit.  This most likely does not apply to you, but I thought I would mention it just in case.

 

See this TurboTax Help Article for more information: What is the 2023 Saver's Credit?  

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