You'll need to sign in or create an account to connect with an expert.
No. You do not need to report dividends or capital gains from stocks/mutual funds held in an IRA, Roth or Traditional.
With any IRA or a Roth IRA, everything that happens within the account has no tax consequences until you withdraw the money. Then, the money you withdraw is either taxable or not taxable, depending on the kind of account and whether you meet all of the rules for making withdrawals. You don’t keep track of gains or losses or dividends within the account, only the final amount of money that you withdraw when you withdraw it.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
martin-hennig101
New Member
Ian B
New Member
Lhotapa
New Member
reg7040
Level 1
dllundgren
Level 1