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IRS Carryover Basis Error
Re: 2023 IRA Information Worksheet
Line 1 shows Total basis in traditional IRAs
Line 3 shows Basis carryover as of 12/31/2023
The values should match if the only IRA withdrawal was a QCD. However, the TurboTax calculation incorrectly reduces the carryover amount by the amount of the QCD.
March 6, 2024
4:43 PM