turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

It's a small Roth IRA, with less than 10k. There's not much activity in the year end report. Do I even need to report it?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
RichardG
New Member

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

You only need to report contributions and withdrawals from the account.  Changes in account value do not get reported on your tax return.

View solution in original post

3 Replies
RichardG
New Member

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

You only need to report contributions and withdrawals from the account.  Changes in account value do not get reported on your tax return.

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

Thank you so much! I appreciate your time:)

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

Same thing just happened to me from Schwab. I was glad this answer was already in the data base!  Fast to solve!

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies