Do I have to file on interest income from an IRA account?

I didn't receive a 1099 for my IRA do I still have to file taxes on the interest that accrued in 2016?

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1 Best answer

Level 3

May 31, 2019 10:25:29 PM

Interest on an IRA (traditional OR Roth) isn't taxable until you start withdrawing it.

When you DO start withdrawing it, you'll get a Form 1099-R (depending on the type that you have) that will include all the money that's taxable.

Level 3

May 31, 2019 10:25:29 PM

Interest on an IRA (traditional OR Roth) isn't taxable until you start withdrawing it.

When you DO start withdrawing it, you'll get a Form 1099-R (depending on the type that you have) that will include all the money that's taxable.