topic Do I need to report that I withdrew from my Roth IRA and if so how do I do that? in Retirement tax questions

Do I need to report that I withdrew from my Roth IRA and if so how do I do that?

Lucytavernier — Tue, 03 Feb 2026 05:44:51 GMT

Re: Do I need to report that I withdrew from my Roth IRA and if so how do I do that?

xmasbaby0 — Wed, 22 Jan 2025 17:07:06 GMT

You enter your 1099R.

To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

Re: Do I need to report that I withdrew from my Roth IRA and if so how do I do that?

DoninGA — Wed, 22 Jan 2025 17:07:31 GMT

If you made a withdrawal from a Roth IRA in 2024 then you will receive a Form 1099-R from the IRA administrator usually in January 2025. You report the Form 1099-R on your 2024 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

Re: Do I need to report that I withdrew from my Roth IRA and if so how do I do that?

LindaS5247 — Wed, 22 Jan 2025 17:30:06 GMT

Yes, as xmasbaby0 and DoninGA mentioned, you need to report this on your tax return, however it is not taxable.

You should have received a Form 1099-R for your withdrawal. If you haven't received it yet, you should wait until you do before completing your taxes. You may be able to download it now from your financial institution (or employer if it is through your employer).

Your distribution will appear on your Form 1040 line 4a. It will be excluded from line 4b because it is not taxable.