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htrhodes
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Have roth IRA and a 401K rollover IRA, do i have to enter 1099 info for these?

 
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2 Replies

Have roth IRA and a 401K rollover IRA, do i have to enter 1099 info for these?

Just  "having"  an IRA is not reported  but  contributions to and  distributions from  them are reported.  

AnnetteB6
Employee Tax Expert

Have roth IRA and a 401K rollover IRA, do i have to enter 1099 info for these?

You do not need to enter anything about your IRAs unless you either took a distribution from the account(s) or you made a contribution to the account(s) during 2020.  

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