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No, just having a Roth IRA is not reported on your tax return. Interest, dividends and other earnings (or losses) within an IRA are not reported on your tax return.
Putting money into your Roth is not reportable on your tax return, unless you are claiming the Retirement contribution savers credit. You should enter your Roth contributions, if you want TurboTax to track your basis; but nothing goes on your actual tax forms.
Withdrawals/distributions from a Roth IRA are reported on your tax return.
No, just having a Roth IRA is not reported on your tax return. Interest, dividends and other earnings (or losses) within an IRA are not reported on your tax return.
Putting money into your Roth is not reportable on your tax return, unless you are claiming the Retirement contribution savers credit. You should enter your Roth contributions, if you want TurboTax to track your basis; but nothing goes on your actual tax forms.
Withdrawals/distributions from a Roth IRA are reported on your tax return.
To enter a IRA contribution -
Or enter ira contributions in the Search box located in the upper right of the program screen. Click on Jump to ira contributions
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