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Do I have to show a transfer from one IRA to another iRA?
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posted
June 1, 2019
12:11 AM
last updated
June 01, 2019
12:11 AM
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Do I have to show a transfer from one IRA to another iRA?
Did you receive a 1099-R?
Trustee-to-trustee transfers from one account to another where you never see the money are normally not reportable.
Trustee-to-trustee transfers from one account to another where you never see the money are normally not reportable.
**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.**
June 1, 2019
12:12 AM
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Do I have to show a transfer from one IRA to another iRA?
NO - I did not receive a 1099-R only an IRS Form 5498 from the new IRA account showing the Fair Market Value. I get a monthly statement from the new account showing activity. And it showed the amount transferred on that statement.
June 1, 2019
12:11 AM
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Do I have to show a transfer from one IRA to another iRA?
So I do not need to worry about adding anything in to my taxes?
June 1, 2019
12:11 AM
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Do I have to show a transfer from one IRA to another iRA?
Nothing to report.
**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.**
June 1, 2019
12:11 AM
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Do I have to show a transfer from one IRA to another iRA?
Thank you
June 1, 2019
12:12 AM
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Do I have to show a transfer from one IRA to another iRA?
Did you receive a 1099-R?
Trustee-to-trustee transfers from one account to another where you never see the money are normally not reportable.
Trustee-to-trustee transfers from one account to another where you never see the money are normally not reportable.
**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.**
June 1, 2019
12:12 AM
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