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Get your taxes done using TurboTax
Thanks for the answer...so to confirm, even if they both take $10,000 out from those accounts in 2023, that $20,000 of their combined income will not be reflected as income on my taxes? ( I see there is line on Form 8615 for the parents' income)
And, they do file taxes each year because they both work.
‎October 25, 2023
11:41 AM