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Form5305(Rev. April 2017)
Department of the Treasury
Internal Revenue Servicemen of grantorTraditional Individual Retirement Trust Account not file
with the Internal
Revenue Service(Under section
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What is traditional individual retirement trust?
A traditional individual retirement trust is a type of retirement account that allows individuals to save for retirement with tax-deferred growth.
Who is required to file traditional individual retirement trust?
Individuals who have a traditional individual retirement trust are required to file it each year, typically through their tax returns.
How to fill out traditional individual retirement trust?
To fill out a traditional individual retirement trust, individuals must report contributions, withdrawals, and other relevant information related to the account on their tax forms.
What is the purpose of traditional individual retirement trust?
The purpose of a traditional individual retirement trust is to help individuals save for retirement by providing tax advantages on contributions and investments.
What information must be reported on traditional individual retirement trust?
Information such as contributions, withdrawals, and gains or losses on investments must be reported on a traditional individual retirement trust.
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