I withdrew money from an IRA. How do I report it? AARP Foundation Tax-Aide Online Tax Assistance November 21, 2018 22:34 Updated Follow If you have a filing requirement, you will report the IRA distribution on Form 1040. The IRS Interactive Tax Assistant can help you determine if you must file. Related articles What services does Tax-Aide provide? Do you pay tax yearly on the interest on CDs or when the CDs are cashed? Are there any tax consequences if you roll over your 401(k) into an IRA? What is the difference between "ordinary dividends" and "qualified dividends"? My 1099 dividend statements were marked by the companies as both. What is the earned income tax credit and how do I know if I qualify? Comments 0 comments Article is closed for comments.