Does a Roth IRA distribution count as income for AGI calculation when it is less than the contribution amount & owned for over 7 years if used for higher education?
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Does a Roth IRA distribution count as income for AGI calculation when it is less than the contribution amount & owned for over 7 years if used for higher education?
posted
June 4, 20192:13 PM
last updated
June 04, 20192:13 PM
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Does a Roth IRA distribution count as income for AGI calculation when it is less than the contribution amount & owned for over 7 years if used for higher education?
A Roth IRA plan under US law is generally not taxed, and therefore not included in AGI.
It's also not included in the calculation of modified adjusted gross income (MAGI):
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