Tiger5
Level 4
04-17-2023
03:05 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have read on this and she doesn't have to report this on her tax return. Roth IRA are funded after tax dollars, means she pays the taxes as she deposits the money into the account, so when she is able she can withdrawal tax free if she qualifies to the RMD rules. Roth contributions aren't tax deductible, and qualified distributions aren't tax income.
thank you 🙂