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New Member
posted Jun 6, 2019 5:48:49 AM

I have a joint Roth IRA with my wife through a credit union would TurboTax software what I need

I have a joint Roth IRA with a credit union what TurboTax software would I need to buy

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1 Best answer
Level 15
Jun 6, 2019 5:48:53 AM

There is no such thing as a "joint" IRA.  The "I" in IRA is "individual".   An IRA can only be owned by one person.

Any version of TurboTax can handle IRA contributions or 1099-R's for IRA distributions.

3 Replies
Level 15
Jun 6, 2019 5:48:51 AM

No such thing as a Joint ROTH IRA or any kind of IRA.

Level 15
Jun 6, 2019 5:48:53 AM

There is no such thing as a "joint" IRA.  The "I" in IRA is "individual".   An IRA can only be owned by one person.

Any version of TurboTax can handle IRA contributions or 1099-R's for IRA distributions.

New Member
Jun 6, 2019 5:48:53 AM

That helped out a lot this is my first time dealing with an IRA