If they are not taxable how do i characterize them in TT? I imported from the brokerage account but it looks like I am paying taxes on Dividend I am reinvesting.
04400
4 Replies
macuser_22
Level 15
Jun 4, 2019 4:39:04 PM
What type of form did you receive?
IRA's only report distributions on a 1099-R.
Bsch4477
Level 15
Jun 4, 2019 4:39:06 PM
Any activity within the IRA should not be reported on your return. Only distributions from the IRA are reported.
saabram
Level 1
Jun 4, 2019 4:39:07 PM
Should I see this in Box 10-Tax Exempt interest? Nothing imported in that box.
Bsch4477
Level 15
Jun 4, 2019 4:39:09 PM
If you received a divided in your IRA you should receive nothing and report nothing.