Dance, damn you! Dance! I need amusement!
Lilah ,'Destiny'
Natter 63: Life after PuppyCam
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
I'll dance. I'm bored. And I have Ambien and Lortab. Skip the ER; let's have some wine!
I seem to have just purchased a number of OMD dance remixes. I'm not sure I really need an 11 minute version of Souvenir.
As usual, I want to have xkcd's little stick-figure babies. [link]
So I have a stupid tax-related question. Do I need to put IRA and 403b related information on my tax return, or is that just dumb because of course the whole point is that they're not taxable until I withdraw the money?
The fact that I haven't worried about this before tells me I probably haven't reported such info in the past and did fine. I just feel confused.
403b, no. Roth IRA, no. Not-a-Roth IRA, yes, but that's not what you have if it's taxable on withdrawal, and anyway they would've sent you forms to submit if it were. d'oh, see what Ginger said.
Ooookay. Well, all the IRAs have been doing is steadily bleeding money (and in one case stealing it slowly with fees), so it's not like I'll owe the IRS if I don't report it and it turns out I was supposed to.
If you're putting pretax money in, you want to tell the IRS how much, because it reduces your taxable income. Once you've reported what you put in, the next time the IRS wants to know anything is when you take it out.
I'm not putting any money in anymore -- these are all from previous jobs. I just haven't gotten around to consolidating them. Thanks, everybody! I guess I AM done with my taxes.