Are Roth IRA contributions reported anywhere on an individual return?
I have not decided yet how much I am contributing to my Roth for the 2009 tax year, and I am going to get my taxes done this weekend. Do I need to have that figured out by then?
Wow chill out! I understand the taxability of Roth contributions. I just want to know if the contribution amount goes anywhere on my tax return so I know if I need to make a decision on that before taking my taxes to the preparer.
is a roth ira contribution reported as income?
at the end of the year when you file taxes or does it increase your agi (aggregate gross income)? i ask because of the earned income tax credit and if it would have any affect on that because you have to make under a certain amount. i was going to make a $5000 roth ira contribution.
so if my agi for the year was 41,000 and i made a contribution to my traditional ira instead of my roth ira, it may lower the agi 41,000 amount?
How does a Roth IRA get reported on my taxes?
I contributed about $600 to my Roth IRA in 2006. I don’t get taxed on that do I? I heard I get a refund for 15% of that or something. Can someone please clear that up for me. Also, if it matters, I’m self-employed.
Thanks!
Where does one Report a Sep IRA contribution. Is ir reported anywhere on the Schedule C?
My wife has a part time business. She made $6000 dollars.
I would like to set up a SEP IRA. From my understanding we can save 20% of the $6000 in profit.
But where in the Tax form is this reported. Is it reported anywhere on the Schedule C.
or is it just reported on the 1040?
