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alien1001
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Which turbo tax do I need for roth IRA's?

My Roth IRA is bought stocks and sold to earn money - which turbo tax do I need?
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Which turbo tax do I need for roth IRA's?

You don't report activity inside an IRA.  You report contributions to the IRA, you report distributions from the IRA, you don't report income or gain and losses that occur inside the IRA.

So unless you are trading stocks in after-tax accounts, (e.g., brokerages), you don't need "Premier", which is the first product in the "online" versions that supports the reporting of security sales.

Tom Young

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1 Reply

Which turbo tax do I need for roth IRA's?

You don't report activity inside an IRA.  You report contributions to the IRA, you report distributions from the IRA, you don't report income or gain and losses that occur inside the IRA.

So unless you are trading stocks in after-tax accounts, (e.g., brokerages), you don't need "Premier", which is the first product in the "online" versions that supports the reporting of security sales.

Tom Young

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