topic Have a Roth IRA rate 1.50%. closing date 12/19..the penalty to close out now for better rate (3.00%) $63.00. Will I be charged at tax time?? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/have-a-roth-ira-rate-1-50-closing-date-12-19-the-penalty-to-close-out-now-for-better-rate-3-00-63-00/01/241903#M20664 Sat, 01 Jun 2019 19:50:50 GMT id1957 2019-06-01T19:50:50Z Have a Roth IRA rate 1.50%. closing date 12/19..the penalty to close out now for better rate (3.00%) $63.00. Will I be charged at tax time?? https://ttlc.intuit.com/community/retirement/discussion/have-a-roth-ira-rate-1-50-closing-date-12-19-the-penalty-to-close-out-now-for-better-rate-3-00-63-00/01/241903#M20664 Sat, 01 Jun 2019 19:50:50 GMT https://ttlc.intuit.com/community/retirement/discussion/have-a-roth-ira-rate-1-50-closing-date-12-19-the-penalty-to-close-out-now-for-better-rate-3-00-63-00/01/241903#M20664 id1957 2019-06-01T19:50:50Z If it's a Roth IRA, contributions to your IRA don't get r... https://ttlc.intuit.com/community/retirement/discussion/if-it-s-a-roth-ira-contributions-to-your-ira-don-t-get-r/01/241908#M20665 <P>If it's a Roth IRA, contributions to your IRA don't get reported on your tax return.</P><P>Your broker (holder of the IRA) will most likely take your penalty out of your IRA earnings.&nbsp; To be absolutely sure, I would call them.</P> Sat, 01 Jun 2019 19:50:51 GMT https://ttlc.intuit.com/community/retirement/discussion/if-it-s-a-roth-ira-contributions-to-your-ira-don-t-get-r/01/241908#M20665 CherylW 2019-06-01T19:50:51Z