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Level 1
February 29, 2020
Solved

IRA Taxes

  • February 29, 2020
  • 2 replies
  • 19 views

If I received a 1099-div and 1099-INT from my IRA account that I have never withdrawn from do I have to report it to the IRS when filing my taxes this year?

    Best answer by MinhT1

    No, interest and dividends received in your IRA account are tax-deferred.

     

    You do not report these forms 1099-DIV and 1099-INT on your tax return.

    2 replies

    MinhT1Answer
    Level 15
    February 29, 2020

    No, interest and dividends received in your IRA account are tax-deferred.

     

    You do not report these forms 1099-DIV and 1099-INT on your tax return.

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    fanfare
    Level 15
    February 29, 2020

    you should not be getting a 1099-INT or -DIV for an IRA. Ask your custodian why they are sending you (and the IRS) that document.