Author Topic: Roth IRA Contributions & Broker Transfers  (Read 1328 times)

rantk81

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Roth IRA Contributions & Broker Transfers
« on: March 07, 2016, 08:11:18 AM »
Many years ago (when I was a lot less anal about record keeping), I opened a Roth IRA, and contributed funds for several years.  However, I did not keep my statements, nor do I have any record of how much of my account was "contributions" vs "investment returns."  To complicate matters, I think I've moved the account to different brokers a couple of times (and have made contributions at at least 2 different brokers.)  I think one of my contributions may have been via a backdoor-Roth-contribution by doing opening a non-deductible-IRA and doing an immediate rollover into the Roth.

Has anyone had a similar circumstance?  When an Roth IRA rollover occurs, how good are brokers about keeping track of the "contribution amount" vs "gains" amount to the new broker?  Or is this something that the IRS would know (via some form the brokers send the IRS to track the contribution amounts?)

The amount of the contributions is relevant for obvious early-retirement reasons.  (But when I initially opened the accounts, and made the contributions, I wasn't privy to all of the E.R. knowledge that I am today :)


 

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