Viewing articles tagged 'roth'

 Do I have to file a form just because I receive distributions from a Roth IRA?

Yes. File Form 8606 if you received distributions from a Roth IRA (other than a rollover,...

 Do I have to start taking distributions when I reach a certain age from a Roth IRA?

No. If you are the original owner of a Roth IRA, you don't have to take distributions regardless...

 How are distributions taxed from a Roth IRA?

Distributions from a Roth IRA aren't taxed as long as you meet certain criteria. See Are...

 Inherited ROTH IRAs

Generally, the entire interest in a Roth IRA must be distributed by the end of the fifth calendar...

 IRA Deduction Limits

You may be able to claim a deduction on your individual federal income tax return for the amount...

 Roth IRA contribution limit

In addition to the general contribution limit that applies to both Roth and traditional IRAs,...