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New Member

If I sold a mutual fund in my USAA Roth IRA, and the money never left the account, and then bought a different mutual fund, will I still be receiving a form 1099-B?

 
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Returning Member

If I sold a mutual fund in my USAA Roth IRA, and the money never left the account, and then bought a different mutual fund, will I still be receiving a form 1099-B?

No, you should not get a 1099-B for any transactions within the Roth IRA. The only forms you should get is a 1099-R if you receive distributions and Form 5498 for contributions.

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Highlighted
Returning Member

If I sold a mutual fund in my USAA Roth IRA, and the money never left the account, and then bought a different mutual fund, will I still be receiving a form 1099-B?

No, you should not get a 1099-B for any transactions within the Roth IRA. The only forms you should get is a 1099-R if you receive distributions and Form 5498 for contributions.

View solution in original post

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New Member

If I sold a mutual fund in my USAA Roth IRA, and the money never left the account, and then bought a different mutual fund, will I still be receiving a form 1099-B?

Thank you!