turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

sythomas
New Member

I am 61 and my ROTH account has been opened for over 15 years - is my roth ira withdraw taxable?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
CatinaT1
Employee Tax Expert

I am 61 and my ROTH account has been opened for over 15 years - is my roth ira withdraw taxable?

No, it would not be taxable.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I am 61 and my ROTH account has been opened for over 15 years - is my roth ira withdraw taxable?

@sythomas because you are over 59.5 AND the Roth account has been open for at least 5 years, none of the withdrawals - whether those were originally contributed dollars, converted dollars from a Trad IRA or the earning that accrued over time - are taxable. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question