h********0
发帖数: 440 | 1 What is the purpose of Form 5498 for Roth IRA?
Since it is tax-deductible, I think we do not need to use it for filing
tax return?
Or, did I miss anything? |
J*****i
发帖数: 2622 | 2 income limitation, check eligibilities, tracking basis |
h********0
发帖数: 440 | 3 Thanks.
Do I need to put any information in 1040 form? |
z****l
发帖数: 5282 | 4 No.
But in case you take distribution from Roth IRA in a later year,
you may need them to calculate your total contribution
and put them into Form 8606
so that you don't need to pay unnecessary tax and/or penalty.
【在 h********0 的大作中提到】
: Thanks.
: Do I need to put any information in 1040 form?
|
x****u
发帖数: 473 | 5 Roth IRA is tax-deductible? who told you this? |
h********0
发帖数: 440 | 6
Thanks a lot.
【在 z****l 的大作中提到】
: No.
: But in case you take distribution from Roth IRA in a later year,
: you may need them to calculate your total contribution
: and put them into Form 8606
: so that you don't need to pay unnecessary tax and/or penalty.
|
h********0
发帖数: 440 | 7
Sorry, I put the wrong information.
It should be growing tax free.
【在 x****u 的大作中提到】
: Roth IRA is tax-deductible? who told you this?
|
