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posted Jun 6, 2019 10:55:54 AM

Do I have to enter Form 8949 for a Roth IRA?

I received several forms 8949 from buying / selling stock inside my Roth IRA account. I did not receive Form 1099-B. I am in my 40's and a long way out from taking any money out of my Roth IRA. 

My question: Do I have to enter the information from form 8949 into the turbo tax software? 

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1 Best answer
Intuit Alumni
Jun 6, 2019 10:55:55 AM

You should not enter any activity inside your Roth IRA or any IRA on your tax return.    Interest, dividends and capital gains are not reportable.  You only report Contributions to the IRA and Distributions from the IRA.

1 Replies
Intuit Alumni
Jun 6, 2019 10:55:55 AM

You should not enter any activity inside your Roth IRA or any IRA on your tax return.    Interest, dividends and capital gains are not reportable.  You only report Contributions to the IRA and Distributions from the IRA.