turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

joem83192
New Member

Do I have to claim anything on my personal income tax return?

I received a "Tax Information" form from my financial institute stating that a 1099-MISC was sent to the IRS.  The form is made out to "PTC CUST ROLLOVER IRA FBO" with my name and address following.  The money is from a sale within my IRA and the paid directly to my IRA with no money ever being distributed to me.

Do I have to claim anything on my personal income tax return?


x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Do I have to claim anything on my personal income tax return?

If this all took place within the IRA then nothing gets reported on your return.

What matters on the return is when you put money in the IRA or take money out of the IRA.

View solution in original post

1 Reply

Do I have to claim anything on my personal income tax return?

If this all took place within the IRA then nothing gets reported on your return.

What matters on the return is when you put money in the IRA or take money out of the IRA.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies