Do I need to report every stock transaction of my Roth-IRA account?
I understand, I need to report every stock/option transaction during tax return of my brokerage account which I use to trade stock and options. Will I have to do the same for my Roth-IRA account?
Public Comments
- No. You only report the income from an IRA when you take a distribution. You only report the Roth income if you take it out before 59.5 or within 5 years of opening it.
- Transactions within an IRA, Roth or otherwise, aren't reported.
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