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wgorlitzbiz
New Member

Can I take out money from my IRA in 2018 and declare it in 2017 taxes

 
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TomD8
Level 15

Can I take out money from my IRA in 2018 and declare it in 2017 taxes

No.  IRA distributions must be reported in the year they are taken.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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1 Reply
TomD8
Level 15

Can I take out money from my IRA in 2018 and declare it in 2017 taxes

No.  IRA distributions must be reported in the year they are taken.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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