Interest earned but not received from a IRA, should this be showing as income? We didn’t receive it, it was just what was earned. Thank you

eyew2tt2day_ — Thu, 06 Jun 2019 08:55:47 GMT

No, it is not reported when earned. Only the distribution...

KrisD — Thu, 06 Jun 2019 08:55:49 GMT

No, it is not reported when earned. Only the distributions are reported.

"The activity inside your IRA, even if it results in significant losses or gains, is not reported.

The only IRA transactions you need to report are contributions, withdrawals, rollovers, conversions, or inheritances. Your IRA custodian will send you a 1099-R if you need to report anything."

GEN87694

topic Interest earned but not received from a IRA, should this be showing as income? We didn’t receive it, it was just what was earned. Thank you in Retirement tax questions

Interest earned but not received from a IRA, should this be showing as income? We didn’t receive it, it was just what was earned. Thank you

No, it is not reported when earned. Only the distribution...