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Form 1099r distribution:Will I be taxed on a CapitalOneInvesting Roth acct. It was in a "cash available to purchase" holding acct? Money txrfd from my checking acct?
This Capital One Investing Roth account was started by me with money transferred regularly from my checking account in a Capital One Investing "cash available" account. When I had enough money to purchase some stocks, I would use this money and purchase stocks and etc. I decided to rollover this account to my work Roth IRA, but I had $678 in the "cash available" account, so I transferred that back into my checking account. I received a 1099-R from Capital One Investing, will I have to pay taxes on this money that originally came from my checking account that I had already paid taxes on?
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‎June 4, 2019
8:38 PM