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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?
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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.

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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!

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