No. of Recommendations: 1
No reporting nightmares because you're just taking distriibutions*, which would be taxable for a regular IRA, but are tax-free for a Roth. Any stocks sales would NOT be reported at all on schedule D, as they are in taxable accounts.

*I think there's a place on the 1040 to report distributions from IRAs, with regular IRA distributions carrying over to the taxable income column, but Roth distributions not being carried to the taxable column.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.