KGehr
New Member

Retirement tax questions

The sentence, "If this is just a taxable account you opened somewhere, and any interest or dividends earned is taxed each year, then you will not get a 1099R for taking money out and it does not show on the tax return." is what I was looking for.  But I don't understand the sentence, "Only sales of assets would be reported in addition to yearly interest and dividends."  Can you clarify this sentence?