Comments on: Can A Roth IRA Be Taxed? http://www.myretirementblog.com/can-a-roth-ira-be-taxed.html Retire happy, healthy and wise. Sat, 22 Nov 2008 13:19:01 +0000 http://wordpress.org/?v=2.6.3 By: retirehappy http://www.myretirementblog.com/can-a-roth-ira-be-taxed.html#comment-64920 retirehappy Tue, 03 Jun 2008 17:09:33 +0000 http://www.myretirementblog.com/?p=335#comment-64920 Let's say we go to a Fair Tax-type system, that's double taxation and a scenario I can see happening. Let’s say we go to a Fair Tax-type system, that’s double taxation and a scenario I can see happening.

]]> By: JoeTaxpayer http://www.myretirementblog.com/can-a-roth-ira-be-taxed.html#comment-64913 JoeTaxpayer Mon, 02 Jun 2008 22:35:32 +0000 http://www.myretirementblog.com/?p=335#comment-64913 I doubt it will be taxed (again). How would anyone have the data to separate out the principal? If I deposit $10K today, and it's not gone up in 10 years, What would they tax? At least on a non deducted IRA, the deposits are tracked. I think there's a chance the withdrawals will count toward the income that triggers SS tax, but the same issue applies. Those withdrawals may be the original deposits. Joe I doubt it will be taxed (again). How would anyone have the data to separate out the principal? If I deposit $10K today, and it’s not gone up in 10 years, What would they tax? At least on a non deducted IRA, the deposits are tracked.

I think there’s a chance the withdrawals will count toward the income that triggers SS tax, but the same issue applies. Those withdrawals may be the original deposits.
Joe

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