When I bought the IRA, in 2001, I bought their minimum purchase amount then to take advantage of dollar cost averaging bought $400 worth each month until it was all bought. There was also a bonus for keeping the account for 8 years. How do I work this?
Are you saying you moved $400 a month from an IRA to a Roth IRA?
If so, you should have a 1099-R for each year.
Actually I put the pension rollover and the bonus into a money market set up as a Roth IRA and funded the investment IRA with that. Also there is nothing left in this IRA. It was income for me until August of 23.
Still, you should have 1099-Rs for your actions for each year you did this.
You have to report distributions from a Roth IRA and should enter contributions to a Traditional IRA to TurboTax to see if you are eligible for that..
The pension that this was funded by was liquidated in August of 2000. The money market that I used to buy shares in the IRA was emptied in September of 2001. I can't remember if there was any 1099-Rs sent to me and I don't have records from back that far. Also there is no traditional IRA involved here.