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  1. #1
    Join Date
    Feb 2005
    Posts
    116

    Default What Tax Form for Roth 401k Contributions

    I am self-employed and opened a Solo Roth 401k this year. What tax form do I use to show my 2010 contribution?

  2. #2
    Join Date
    Sep 2010
    Posts
    19,901

    Default Re: What Tax Form for Roth 401k Contributions

    You don't use any form. That contribution is taxable

  3. #3
    Join Date
    Feb 2005
    Posts
    116

    Default Re: What Tax Form for Roth 401k Contributions

    Thanks, Flyingron. How does the IRS know that I made a Roth contribution or if I contributed too much to it? Or, would those issues only come up if I were audited and/or reached $250k in the Roth?

  4. #4
    Join Date
    Oct 2006
    Posts
    16,474

    Default Re: What Tax Form for Roth 401k Contributions

    Your contribution is reported to the IRS by the investment company, therefore the IRS knows that you made the contribution. It is reported on form 5498

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