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New Member
posted Jun 4, 2019 12:45:48 PM

Do I need to report anything from an investment account or retirement account if nothing was withdrawn or cashed out?

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2 Replies
New Member
Jun 4, 2019 12:45:50 PM

If you didn't have any withdrawals from your retirement account, then you generally don't have to report anything.  However, on the investment account side, if it's not a retirement account, you will need to report capital gains, dividends, etc. on your taxes.  You should get a statement from your brokerage every January/February with this information.  Often, TurboTax can download it directly from the brokerage.

Level 15
Jun 4, 2019 12:45:50 PM

There is no tax liability for any transaction within a retirement account.  For a non-retirement account you would have to report any dividends, interest or capital gains income generated.