Do you have to claim a Roth IRA on your yearly taxes?

A friend of mine opened 6 Roth IRA at our credit union. She doesn't receive anthing form them at tax time so she doesn't claim it on her taxes.Is this correct? Legal?

Asked by Spartan 56 months ago Similar questions: claim Roth IRA yearly taxes Business > Financial Planning.

Similar questions: claim Roth IRA yearly taxes.

No there are no taxes ever on a Roth if the money is not withdrawn until the appropriate age: bankrate.com/brm/itax/tips/20010328a.asp irs.gov/taxtopics/tc451.html .

1 Thank you - my goal is to start one this year. Although every year I say that. But this is going to be the year.

I have 8 months left to meet this goal.

Thank you - my goal is to start one this year. Although every year I say that. But this is going to be the year.

I have 8 months left to meet this goal.

" "I need to figure what the taxes will be when I liquidate my IRA account" "i just retired and have 80,000 in my 401k. If I roll it over to a Roth IRA, Do I pay taxes on it at that time?" "How do you transfer money from a 401k to a Roth IRA?

I need to figure what the taxes will be when I liquidate my IRA account.

I just retired and have 80,000 in my 401k. If I roll it over to a Roth IRA, Do I pay taxes on it at that time?

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.