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June 3, 2019
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If box 2a is blank on our Roth IRA 1099-R, what does that mean?

  • June 3, 2019
  • 2 replies
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Best answer by Ashby

Box 2a on your Roth 1099-R should be blank. This is the taxable amount of the distribution. Generally, Roth distributions are not taxable. If you have owned the Roth for more than 5 years and are over 59-1/2, those distributions will never be taxable. If you don't meet those qualifications, but are only withdrawing from your contributions, the distribution is also not taxable.

2 replies

josefmataAuthor
June 3, 2019
Are distributions from a Roth IRA taxable?
AshbyAnswer
June 3, 2019

Box 2a on your Roth 1099-R should be blank. This is the taxable amount of the distribution. Generally, Roth distributions are not taxable. If you have owned the Roth for more than 5 years and are over 59-1/2, those distributions will never be taxable. If you don't meet those qualifications, but are only withdrawing from your contributions, the distribution is also not taxable.

Employee
June 3, 2019
unless it is less than 5 yrs old