JohnB5677
Expert Alumni

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.

@eco11 

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