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josefmata
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If box 2a is blank on our Roth IRA 1099-R, what does that mean?

 
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Ashby
New Member

If box 2a is blank on our Roth IRA 1099-R, what does that mean?

Box 2a on your Roth 1099-R should be blank. This is the taxable amount of the distribution. Generally, Roth distributions are not taxable. If you have owned the Roth for more than 5 years and are over 59-1/2, those distributions will never be taxable. If you don't meet those qualifications, but are only withdrawing from your contributions, the distribution is also not taxable.

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4 Replies
josefmata
New Member

If box 2a is blank on our Roth IRA 1099-R, what does that mean?

Are distributions from a Roth IRA taxable?
Ashby
New Member

If box 2a is blank on our Roth IRA 1099-R, what does that mean?

Box 2a on your Roth 1099-R should be blank. This is the taxable amount of the distribution. Generally, Roth distributions are not taxable. If you have owned the Roth for more than 5 years and are over 59-1/2, those distributions will never be taxable. If you don't meet those qualifications, but are only withdrawing from your contributions, the distribution is also not taxable.

If box 2a is blank on our Roth IRA 1099-R, what does that mean?

unless it is less than 5 yrs old
Ashby
New Member

If box 2a is blank on our Roth IRA 1099-R, what does that mean?

Edited answer for clarification.
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