How to prove Roth Ira 5 year holding period

[Anonymous]

If someone is 59 1/2 and has held a Roth Ira for 5 years, then they can withdraw without taxes or penalties.

However, Roth Ira contributions are not reported when filing taxes. Therefore, what proof is required by the IRS to show that a Roth Ira has been open for 5 years?

[dmertz · Accepted solution]

The IRS will already have the proof because all Roth IRA contributions are reported to the IRS on Forms 5498 provided by your Roth IRA custodian(s).

[Anonymous]

Thank you dmertz