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er00768
New Member

IRA Roth, Stocks, Investment, Sold, purchased

Do I have to claim my IRA Roth account. I used this account to purchase a mutual fund and purchased and sold stock with this account. I originally put it on my return but it was asking me for 1099 info which you dont get with IRA Roth. I just deleted it from my return and I lost about 500 dollars in return. Is this something that I should claim on my taxes because I was having a hard time getting it to work for me.
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Accepted Solutions
TomYoung
Level 13

IRA Roth, Stocks, Investment, Sold, purchased

You don't enter activity inside an IRA - any IRA - in your income tax return. 

You report contributions, you report distributions, but you don't report what goes on in the IRA itself.

Tom Young

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1 Reply
TomYoung
Level 13

IRA Roth, Stocks, Investment, Sold, purchased

You don't enter activity inside an IRA - any IRA - in your income tax return. 

You report contributions, you report distributions, but you don't report what goes on in the IRA itself.

Tom Young

View solution in original post

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