GaryRSt
Returning Member

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.