Roth IRA Tax Reporting Guide

One of the best tax-savings vehicles ever to come out of Washington also happens to be one of the most confusing parts of your tax return.

By itself, the concept of the Roth IRA is simple: Invest after-tax dollars into one of these retirement accounts, and once you reach age 59 1/2 (assuming the account has been open at least five years) you can withdraw those contributions and their earnings tax-free.

But by allowing investors to convert traditional IRAs to Roth IRAs -- and back again -- Congress created a host of confusing issues. ...