You'll need to sign in or create an account to connect with an expert.
"Open" means that you had a nonzero balance in any Roth IRAs on December 31, 2017 and you did not have any outstanding rollovers of distributions from a Roth IRA or recharacterizations that were not completed until the following year (2018).
Contributions out of your paycheck are not considered a IRA.
So if you did not open an actual Roth IRA and put money in for 2017, then you would answer "No" to this question.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
x9redhill
Level 2
les_matheson
Level 2
tinktank
New Member
nomathhere
Level 1
Brownshoes1992
Level 1