No, it is not a taxable event and will not be reported by the Roth custodian or by you on your tax return. The only transactions that are reportable are distributions you take from the Roth IRA payable to you.Hi. In my ROTH IRA which I've had for years, is the Total Stock Market Index fund. I'd like to take 6% of that and still keeping it within the ROTH, possibly move it to a 3-7 year Treasury Fund. I am a little too heavy on the stock side and would like to balance a bit. I know that if I sell some of the TSM Index fund that I have outside the ROTH that it would be taxable. I want to avoid that.
My question - Is moving money within my ROTH a taxable event?'
Please keep answers simple.
Thank you.
Statistics: Posted by Alan S. — Thu Oct 03, 2024 9:43 pm — Replies 3 — Views 110