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Do I need to list my Mutual Fund - IRA on my taxes. I reported it when I initially converted from my 401k into my Mutual Fund IRA. I don't make contributions to it.

 
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Level 6

Do I need to list my Mutual Fund - IRA on my taxes. I reported it when I initially converted from my 401k into my Mutual Fund IRA. I don't make contributions to it.

No. All earnings on your IRA are tax-deferred and are not reported on your tax return. If you did not contribute and did not withdraw from your IRA in 2018, there is nothing to report.

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Highlighted
Level 6

Do I need to list my Mutual Fund - IRA on my taxes. I reported it when I initially converted from my 401k into my Mutual Fund IRA. I don't make contributions to it.

No. All earnings on your IRA are tax-deferred and are not reported on your tax return. If you did not contribute and did not withdraw from your IRA in 2018, there is nothing to report.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post