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Deductions & credits
Thanks for you input. I do understand you response.
What I do not understand is:
Why did TurboTax show a reduction in my IRA basis for 2020 of $4050 (same amount as my QCD) on Part 1 Line 3 of the 2020 IRA Information Work Sheet? That reduction carried forward to this years tax return.
‎April 4, 2022
8:44 AM