Do I need to report interest earned on traditional IRA earned somewhere on my federal tax return? I have made no contributions or taken any money out of account.
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1 Best answer
Marketstar
Level 7
Jun 6, 2019 9:09:57 AM
No, interest, dividends and capital gains earned within an IRA are not taxable or reportable.
1 Replies
Marketstar
Level 7
Jun 6, 2019 9:09:57 AM
No, interest, dividends and capital gains earned within an IRA are not taxable or reportable.