Hellow guys, Welcome to my website, and you are watching IRA 101: Traditional IRA Distributions. and this vIdeo is uploaded by The Tax Geek at 2021-04-18T06:38:27-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | IRA 101: Traditional IRA Distributions |
| Video Uploader | Video From The Tax Geek |
| Upload Date | This Video Uploaded At 18-04-2021 13:38:27 |
| Video Discription | This video details how distributions from traditional IRAs are reported on the tax return, including computing the taxable amount of a distribution that has had non-deductible contributions in the past. To view the first episode of IRA 101, click here: https://youtu.be/doMX6pb9MLY To learn more about what is reported on a 1099R, click here: https://youtu.be/ikr957HyzfA More about penalties for early retirement account withdrawals, and how to avoid them, can be found by clicking here: https://youtu.be/Eh2oGlpIA5Y Additional Resources: IRS Publication 17: "Your Federal Income Tax": https://www.irs.gov/pub/irs-pdf/p17.pdf IRS Publication 590-B "Distributions from Individual Retirement Arrangements": https://www.irs.gov/pub/irs-pdf/p590b.pdf IRS Form 1099R: "Distributions from Retirement Plans": https://www.irs.gov/pub/irs-pdf/f1099r.pdf IRS Form 5498: "Retirement Plan Contributions": https://www.irs.gov/pub/irs-pdf/f5498.pdf IRS Form 8606: "Nondeductible IRAs": https://www.irs.gov/pub/irs-pdf/f8606.pdf The Tax Geek on Twitter: @taxgeekusa The Tax Geek on Reddit: www.reddit.com/r/askataxgeek Intro and background music: “Bluesy Vibes” - Doug Maxwell - YouTube Audio Library DISCLAIMER: The information presented in this video is for informational and educational purposes only, and is not intended to render tax advice for specific situations. If you have questions about your specific tax situation, please consult the resources linked above or consult with a qualified tax professional in your community. The information contained in this video is based on tax law and IRS regulations as of the date of publication, and may be subject to change. |
| Category | Education |
| Tags | Federal Income Tax | Individual Retirement Arrangements | IRAs | IRA Distributions | Form 1099R | Form 5498 | Form 8606 |
