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IRA Account Dividends Taxable?
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.
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posted
June 4, 2019
4:39 PM
last updated
June 04, 2019
4:39 PM
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IRA Account Dividends Taxable?
What type of form did you receive?
IRA's only report distributions on a 1099-R.
IRA's only report distributions on a 1099-R.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
June 4, 2019
4:39 PM
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IRA Account Dividends Taxable?
Any activity within the IRA should not be reported on your return. Only distributions from the IRA are reported.
June 4, 2019
4:39 PM
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IRA Account Dividends Taxable?
Should I see this in Box 10-Tax Exempt interest? Nothing imported in that box.
June 4, 2019
4:39 PM
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IRA Account Dividends Taxable?
If you received a divided in your IRA you should receive nothing and report nothing.
June 4, 2019
4:39 PM
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