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New Member
posted Jun 1, 2019 10:10:43 AM

I started a Roth IRA for my dependent son making the initial contribution. Is this reportable and can I get a deduction?

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1 Best answer
Expert Alumni
Jun 1, 2019 10:10:45 AM

No, contributions to Roth IRAs are not deductible on your tax return.

1 Replies
Expert Alumni
Jun 1, 2019 10:10:45 AM

No, contributions to Roth IRAs are not deductible on your tax return.