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    roth basis

    mickrhonda
    Level 1

    do i need to show roth basis when taking a roth distribution

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    3 Comments 3
    George4Tacks
    Level 15

    You should be tracking it. Screen 24 > Roth IRA


    Answers are easy. Questions are hard!
    qbteachmt
    Level 15

    "do i need to show roth basis when taking a roth distribution"

    Yes, certain distributions require it for computations.

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    sjrcpa
    Level 15

    If you don't it will all show up as taxable, and maybe with a 10% penalty, too.


    The more I know the more I don’t know.