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If I did not deduct any money from my 403(b) account, do I still have to claim any income on any interest received?

 
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Anita01
New Member

If I did not deduct any money from my 403(b) account, do I still have to claim any income on any interest received?

No, you do not.  Changes within the plan do not generate taxable or reportable income, only if you withdraw funds.

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1 Reply
Anita01
New Member

If I did not deduct any money from my 403(b) account, do I still have to claim any income on any interest received?

No, you do not.  Changes within the plan do not generate taxable or reportable income, only if you withdraw funds.

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