topic It is a very ambiguous question. in Retirement tax questions

What does the question "Was Roth IRA open on December 31, 2016?" mean?

ky — Sat, 01 Jun 2019 01:56:50 GMT

I did not open any new Roth IRA accts in 2016; however, I still have money in Roth IRA. Should I Yes or No to this question?

You would answer Yes. The question is asking if you had a...

ChristinaS — Sat, 01 Jun 2019 01:56:52 GMT

You would answer Yes. The question is asking if you had any open or active accounts as of 12/31/2016. If you had money in a Roth account on that date, you would say Yes.

The question is not asking if you opened any accounts during the year or placed money into a Roth during the year. That would be handled in the IRA contribution section.

It is a very ambiguous question.

RickMichigan — Sat, 01 Jun 2019 01:56:54 GMT

It is a very ambiguous question.

VERY confusing question for Michigan taxpayers who are at...

dalezalaoras — Sat, 01 Jun 2019 01:56:55 GMT

VERY confusing question for Michigan taxpayers who are attempting to remove a non-taxed Roth withdrawal entry from a Michigan state return