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nmiller8uf
New Member

Claiming roth ira stocks sold

I received a 5498 form for my roth Ira account that includes my contributions and fair market value of the account for 2016. My yearly contribution for 2016 was under $2,000.00. Do I need to claim each stock that was purchased and traded individually?
1 Reply
macuser_22
Level 15

Claiming roth ira stocks sold

No.   You only report new contributions or distributions.  Activity within an IRA is not reported.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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