topic IRA Taxes in Retirement tax questions

IRA Taxes

dm0753 — Sat, 29 Feb 2020 02:27:22 GMT

If I received a 1099-div and 1099-INT from my IRA account that I have never withdrawn from do I have to report it to the IRS when filing my taxes this year?

Re: IRA Taxes

MinhT1 — Sat, 29 Feb 2020 02:41:29 GMT

No, interest and dividends received in your IRA account are tax-deferred.

You do not report these forms 1099-DIV and 1099-INT on your tax return.

Re: IRA Taxes

fanfare — Sat, 29 Feb 2020 16:08:40 GMT

you should not be getting a 1099-INT or -DIV for an IRA. Ask your custodian why they are sending you (and the IRS) that document.