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You will get Form 1099-R from the IRA administrator. You will report this as income on line 15 of Form 1040. If any taxes are withheld, report on line 64 of Form 1040. You may also need to file Form 5329 to report tax on early withdrawals, excess contributions, and insufficient distributions.
If you're not claiming a deduction, either by choice or because you're covered by an employer plan and your adjusted gross income is too high, report the nondeductible traditional IRA contributions with Form 8606. Roth IRA contributions, on the other hand, do not appear on your tax return.istributions from any type of IRA always show up on your taxes, even if they are tax-free. If you've made nondeductible contributions to your traditional IRA, you have to use Form 8606 to figure the taxable and nontaxable portion. Otherwise, the entire amount is taxable.