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justjsb
New Member

Do I report interest earned in an IRA if I don't touch it? And where do I enter it? It is not a 1099 just a statement from my bank.

 
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rjs
Level 15
Level 15

Do I report interest earned in an IRA if I don't touch it? And where do I enter it? It is not a 1099 just a statement from my bank.

If the interest stayed in the IRA you do not report it. That's why you didn't get a 1099 for it.

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rjs
Level 15
Level 15

Do I report interest earned in an IRA if I don't touch it? And where do I enter it? It is not a 1099 just a statement from my bank.

If the interest stayed in the IRA you do not report it. That's why you didn't get a 1099 for it.

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