Treasury Regulations (26 C.F.R.)
26 CFR § 1.408A-7
Reporting.
This section sets forth the following questions and answers that relate to the reporting requirements applicable to Roth IRAs:
Q-1. What reporting requirements apply to Roth IRAs?
A-1. Generally, the reporting requirements applicable to IRAs other than Roth IRAs also apply to Roth IRAs, except that, pursuant to section 408A(d)(3)(D), the trustee of a Roth IRA must include on Forms 1099-R and 5498 additional information as described in the instructions thereto. Any conversion of amounts from an IRA other than a Roth IRA to a Roth IRA is treated as a distribution for which a Form 1099-R must be filed by the trustee maintaining the non-Roth IRA. In addition, the owner of such IRAs must report the conversion by completing Form 8606. In the case of a recharacterization described in § 1.408A-5 A-1, IRA owners must report such transactions in the manner prescribed in the instructions to the applicable Federal tax forms.
Q-2. Can a trustee rely on reasonable representations of a Roth IRA contributor or distributee for purposes of fulfilling reporting obligations?
A-2. A trustee maintaining a Roth IRA is permitted to rely on reasonable representations of a Roth IRA contributor or distributee for purposes of fulfilling reporting obligations.
[T.D. 8816, 64 FR 5610, Feb. 4, 1999]
Source: view the official text
In this part (40 sections)
- 1.404(k)-3 · (k)-3 Disallowance of deduction for reacquisition payments.
- 1.406-1 · Treatment of certain employees of foreign subsidiaries as…
- 1.407-1 · Treatment of certain employees of domestic subsidiaries…
- 1.408-1 · General rules.
- 1.408-2 · Individual retirement accounts.
- 1.408-3 · Individual retirement annuities.
- 1.408-4 · Treatment of distributions from individual retirement…
- 1.408-5 · Annual reports by trustees or issuers.
- 1.408-6 · Disclosure statements for individual retirement arrangements.
- 1.408-7 · Reports on distributions from individual retirement plans.
- 1.408-8 · Distribution requirements for individual retirement plans.
- 1.408-11 · Net income calculation for returned or recharacterized IRA…
- 1.408(q)-1 · (q)-1 Deemed IRAs in qualified employer plans.
- 1.408A-0 · Roth IRAs; table of contents.
- 1.408A-1 · Roth IRAs in general.
- 1.408A-2 · Establishing Roth IRAs.
- 1.408A-3 · Contributions to Roth IRAs.
- 1.408A-4 · Converting amounts to Roth IRAs.
- 1.408A-5 · Recharacterized contributions.
- 1.408A-6 · Distributions.
- 1.408A-7 · Reporting.
- 1.408A-8 · Definitions.
- 1.408A-9 · Effective date.
- 1.408A-10 · Coordination between designated Roth accounts and Roth IRAs.
- 1.409-1 · Retirement bonds.
- 1.409A-0 · Table of contents.
- 1.409A-1 · Definitions and covered plans.
- 1.409A-2 · Deferral elections.
- 1.409A-3 · Permissible payments.
- 1.409A-4 · Calculation of income inclusion. [Reserved]
- 1.409A-5 · Funding. [Reserved]
- 1.409A-6 · Application of section 409A and effective dates.
- 1.409(p)-1 · (p)-1 Prohibited allocation of securities in an S…
- 1.409(p)-1T · (p)-1T Prohibited allocations of securities in an S…
- 1.410(a)-1 · (a)-1 Minimum participation standards; general rules.
- 1.410(a)-2 · (a)-2 Effective dates.
- 1.410(a)-3 · (a)-3 Minimum age and service conditions.
- 1.410(a)-3T · (a)-3T Minimum age and service conditions (temporary).
- 1.410(a)-4 · (a)-4 Maximum age conditions and time of participation.
- 1.410(a)-5 · (a)-5 Year of service; break in service.