topic Do I need to report any gains or losses in a roth ira for purposes of filing my income taxes in Retirement tax questions

Do I need to report any gains or losses in a roth ira for purposes of filing my income taxes

sean-curran87 — Wed, 05 Jun 2019 05:27:03 GMT

No, you will not enter any gains or losses that occur wit...

DS30 — Wed, 05 Jun 2019 05:27:05 GMT

No, you will not enter any gains or losses that occur within your Roth IRA on your income tax return. You will only need to report any distribution/withdrawals/rollovers related to your Roth IRA on your income tax return. (For any reportable Roth IRA transaction, you will receive a 1099-R from your Roth IRA administrator.)

Please refer to IRS - Roth IRAs - Publication 590 for more information about Roth IRAs.

You only report contributions or withdrawals or rollovers...

VolvoGirl — Wed, 05 Jun 2019 05:27:06 GMT

You only report contributions or withdrawals or rollovers. You will get a 1099R for those. You have to report any 1099R you get.