You'll need to sign in or create an account to connect with an expert.
@dgray2 there will be no tax if you had ANY ROTH IRA for at least 5 calendar years. if you distribute the money from the Roth IRA in 2023 and ANY Roth account you own was opened prior to 1/1/19, there is no tax.
Even if you can't satisfy that requirement, it may still not be taxable, but is more complicated. Post back if that is the case and I will explain.
There will be no tax if you have had the IRA for at least 5 years.
@dgray2 there will be no tax if you had ANY ROTH IRA for at least 5 calendar years. if you distribute the money from the Roth IRA in 2023 and ANY Roth account you own was opened prior to 1/1/19, there is no tax.
Even if you can't satisfy that requirement, it may still not be taxable, but is more complicated. Post back if that is the case and I will explain.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
nastia9749
New Member
raven443
New Member
marchenaana
New Member
steveomar95
New Member
latonyabullard39
New Member