Roth IRA

hbouzari — Wed, 11 Feb 2026 07:11:34 GMT

Do I need to report to report Roth IRA withdrawals in my tax report?

Re: Roth IRA

DoninGA — Wed, 24 Apr 2024 15:05:22 GMT

If you have a withdrawal from the Roth IRA in 2023 then you should have received a Form 1099-R from the administrator of the account in January 2024. The Form 1099-R has to be reported on your federal tax return.

To enter, edit or delete a form 1099-R -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

On the screen Did you get a 1099-R in 2023? Click on Yes

On the next screen click on Continue

On the screen Let's import your tax info Click on Change how I enter my form

On the screen How do you want to add your 1099‑R? Click on Type it in myself

On the screen Who gave you a 1099-R? select the type of 1099-R you received and Continue

Re: Roth IRA

Opus 17 — Wed, 24 Apr 2024 19:57:36 GMT

Yes, you must report the withdrawals. Even though they might not be taxable, they count as "income" for certain other calculations. Also, if you are under age 59-1/2, the IRS may assume your withdrawal is taxable and subject to a penalty unless you certify (by filing) that you are only withdrawing your original contributions, and not earnings.

topic Re: Roth IRA in Retirement tax questions

Roth IRA

Re: Roth IRA

Re: Roth IRA