- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
No, You will not have to file a tax return, because, I don't think you will be getting a 1099-R each year.
- You will get a 1099-R if you withdraw from or rollover an account.
- If the account is maintained in the US, but there is no distribution activity, you will not get a 1099-R.
- If you are taking monthly "essentially equal payments" each month, you will get a 1099-R
- U.S. tax law provides that an individual does not pay U.S. taxes on amounts in an IRA until distributed.
Please contact us again with any additional questions.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 24, 2024
10:02 AM